Posted by James V. Lacy at 12:00 am on Dec 23, 2009 Comments Off on A silver Christmas
Judging from a quick walk around South
Coast Plaza mall in Costa Mesa this afternoon, silver, and not
diamonds, are what people are buying this first Christmas during
the Obama era.
I took a stroll by a few of the shops
in the designer section of the mall. Nobody was in
Mikimoto (known for pearls) mid afternoon just two days before
Christmas. Nobody was in Bulgari, the very high-end Italian
designer jeweler. Nobody was in Van Cleef and Arpels,
the "legendary" French high-end jewelry store.Top
drawerJapanese, Italian, and French stores, all empty just
before Christmas.
But America’s Tiffany’s was
jumping. Not the whole store though,
however. The diamond display cases, for which Tiffany
is best known, were almost without any customers. So were the
platinum and gold cases. However, the silver cases,
where Tiffany’s offers jewelry priced about $200 were exploding
with activity (the lowest you can get something in the other cases
is closer to $2,000). In fact, Tiffany’s was so loaded
with people in the lower cost silver section, that the store had
initiated crowd control… Read More