Where To Buy Tiffany Jewelry The Cheapest in 2024? (Cheapest Country, Price, VAT Rate & Tax Refund)
The Cheapest Country to Buy Tiffany Jewelry 2024
Let's look at the Chanel cost comparison between the US, Europe, Canada, Japan, and Australia. In this comparison, I will calculate the price difference with the currency exchange, sales tax and the VAT Refund amount.
For example, we will look at the price of small Tiffany T Smile Pendant in Yellow Gold. Pricing and exchange rates are as of July 13. 2024.
Country & Region | Local Price | USD Equivalent Price | General VAT Rates |
United States | $900 excl. tax | $900 | 0%-9.55%(Sales Tax-different states vary) |
United Kingdom | £850 incl. VAT | $1011.50 | 20% |
Canada | CA$1250 | $959.75 | Combined federal and provincial/territorial sales taxes range from 5% to 15%. |
France | €1050 | $1051.17 | 20% |
Italy | €1050 | $1051.17 | 22% |
Ireland | €1000 | $1001.11 | 25% |
Japan | Ұ132,000 incl. VAT | $962.74 | Consumption tax: 10% |
Australia | AU$1600 | $1082.41 | Goods and services tax: 10% |
China | ¥8450 | $1257.35 | 13, 9, or 6% depending on the types of goods and services. |
Conclusion:
Tiffany should be cheapest in the United States as the majority of its manufacturing is done in the States. Although, it should be noted that some of their jewelry is produced in Switzerland, Italy and Asia, making it quite difficult to decipher the exact cheapest country. To that ofter applies VAT and other import taxes and duties.
As you can see from the table above and the chart, if you are going to purchase the Cartier Love Bracelet, then you can buy it in US, UK, or Europe due to tax free or VAT refund.
What is VAT?
The value-added tax (VAT) along with the goods and services tax (GST) is a consumption tax, which means it is paid by the private consumer. It is not a revenue tax. While over 160 countries use a value-added tax, it is most common in the European Union. It can be labelled VAT, TVA, IVA, moms, MwST, and a few others depending on each country.
Where can you get a VAT refund In Europe?
As a visitor to EU (and other countries around the world) the Duty Free shop in the airport is not the only place where you can enjoy tax free shopping. In the EU you can get your VAT back on many purchases as you exit the EU – provided you have the appropriate paperwork.
In European countries, most downtown department stores, large shopping centers, brand stores, factory stores, specialty stores, etc. can get tax refunds, and you must look for the "VAT Refund" and "Tax Refund" signs. There are countries that have a minimum spend in order to qualify for a refund so do your research.
When you are at the store they are going to give you a receipt that will have your purchase information as well as a section you have to complete to get your refund. This receipt then has to be stamped by EU Customs as you are leaving the EU, not the country you bought the item in.
How to get tax free and tax-refund in the US?
1) States with no sales tax
A few states in the US do not impose sales taxes, because they want to encourage people to shop. The states that do not have sales taxes are Alaska, Delaware, Montana, New Hampshire and Oregon. If you’re travelling in the US and you're lucky enough to visit these States, make sure you shop until you drop.
2) States with tax refund
There are two states that have a tax refund program for tourists, they're Louisana and Texas. You can claim the sales tax back after shopping. There are rules of course and processes that you need to go follow.
Why are Tiffany & Co. products so expensive?
Favored by iconic figures like Audrey Hepburn, Tiffany & Co has established themselves as a leading American jewelry house, accepted and cherished worldwide. Classic, timeless, and recognizable, Tiffany will always be at the heart of the jewelry world.
As with all high-end goods, you buy not only a product but (sometimes more importantly) a brand. Tiffany, like all luxury good retailers, invests heavily in marketing and advertising to create an image associated with sophistication, style, affluence, superior quality and exclusivity.
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The cheapest place to buy Tiffany online
You can find your favourites of selection of Tiffany & Co. jewellery from Tiffany & Co. outlet. Take advantage of great discounts and the latest offers on all Tiffany & Co. charms and jewellery. Offer you at a price that's hard to pass up. Shop the Tiffany & Co. outlet selection of Tiffany & Co. charms and jewelry for amazing deals you won't find anywhere else on their outlet site.
Tiffany Prices: $30- $120
Coupon or Discount:
-Tiffany & Co. Jewelry ON SALE: 80% OFF.
-Free shipping on orders over US$60.
Extrabux Cash Back: temporarily unavailable
Based out of Dubai and founded in 2011, The Luxury Closet is a leading online boutique for buying and selling new and pre-loved luxury items like handbags, clothes, watches and jewelry. With more than 40,000 unique items as part of thier selection, they feature top luxury brands such as Chanel, Louis Vuitton, Dior, Cartier, Rolex, Tiffany and more. Discover Tiffany's magic in lines such as Return to Tiffany, Atlas, Tiffany T and more. They accept items and deliver globally.
Tiffany Prices: $127 - $24036
Coupon or Discount:
- Sign up to get $50 credit on your order.
- Up to 68% off on selected Tiffany items.
- STUDENT & YOUTH DISCOUNT: 10% off - up to $60.
- ESSENTIAL WORKER DISCOUNT: 10% off - up to $60.
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Founded in Paris in 2009, Vestiaire Collective is a social commerce platform that enables people to buy and sell luxury, pre-owned fashion products. Join the global fashion activist community and discover thousands of carefully curated new bags, sneakers, shoes, watches, and more. Sustainable fashion shopping has never been easier.
They add over 3,000 pieces to marketplace every week. From Chanel to Gucci, Fendi to Burberry, Vestiaire Collective has an unrivaled selection of vintage and designer clothing for your sustainable fashion shopping. You can find secondhand Tiffany jewelry here.
Tiffany Prices: $ 25- $315,000
Coupon or Discount:
-Enjoy NO Selling Fee on your first listing up to $1,000 and shop $30 off your first order $150+ (code: WELCOMEUS)
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4. eBay
eBay is an American multinational e-commerce company based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995, and became a notable success story of the dot-com bubble. At eBay, they create pathways to connect millions of sellers and buyers in more than 190 markets around the world.
Tiffany Prices: $0.99 - $5,995
Coupon or Discount:
-Free shipping on select items.
Extrabux Cash Back: 4-4.6% Extrabux cash back
5. The RealReal
The RealReal, Inc. is an online and brick-and-mortar marketplace for authenticated luxury consignment. Based on the circular economy, The RealReal sells consigned clothing, fine jewelry, watches, fine art and home decor.
TheRealReal is a top choice for discovering some real hidden vintage gems. Not only can you find more obscure pieces from unknown designers, but you can also get your hand on older items from big brands, like Chanel, Dior, Gucci, Bottega Veneta, Tiffany and more.
Tiffany Prices: $66.50 - $43,995
Coupon or Discount:
-20% Off your order, use code: REAL. Terms apply.
- Up to 60% off select Tiffany jewelry.
Extrabux Cash Back: temporarily unavailable
6. 1stDibs
1stDibs is a leading online marketplace for extraordinary design. Since 2000, it have captured the magic of the Paris flea market, connecting those seeking the most beautiful things on earth with highly coveted sellers and makers in vintage, antique and contemporary furniture, home decor, art, fine jewelry, watches and fashion.
Their best-in-class platform allows shoppers to buy directly, negotiate a price or bid on items at auction and enables them to interact with sellers throughout all stages of the transaction - including item inquiries, price negotiations and customization requests.
Tiffany Prices: $75 - $3,200,000
Coupon or Discount:
-Up to 25% off select Tiffany jewelry.
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