Online Encyclopedia

CHARLES LEWIS TIFFANY (1812-1902)

Online Encyclopedia
Originally appearing in Volume V26, Page 966 of the 1911 Encyclopedia Britannica.
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CHARLES LEWIS TIFFANY (1812-1902)  ,
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American jeweler, was born at Killingly,
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Connecticut, on the 15th of
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February 1812 . At fifteen he became a clerk in his
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father's store, but removed to New York City in 1837, and with John B . Young opened a fancy goods store . In 1847 the
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firm began to manufacture gold jewelry, and in 1848, when the
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political unrest in
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Europe caused
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great depreciation in the price of precious stones, Tiffany invested heavily in diamonds, which were sold at a great profit a few years later . The firm became Tiffany, Young & Ellis in 1841 and was reorganized as Tiffany &
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Company (Mr Young and Mr Ellis retiring) in 1853 . In 1851 the firm had established the sterling
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silver standard of •925
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fine, subsequently adopted by other jewelers; and in the same
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year had founded a branch house in Paris . In 1858 Tiffany bought the unused portion of the
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Atlantic telegraph cable which he made into
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cane handles or sold in sections . At the beginning of the
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Civil War, foreseeing that the jewelry business would suffer, he turned most of his capital to the manufacture of swords, medals and similar war material . In 1868 the company was incorporated, and branches were established at
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London and at Geneva . Tiffany made a speciality of importing historic gems, jewelry and
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art
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works, and in 1887 bought some of the
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crown jewels of France, paying for them about
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half a million dollars . He was made a chevalier of the Legion of Honour in 1878 . He died in New York on the 18th of February 1902 .

End of Article: CHARLES LEWIS TIFFANY (1812-1902)
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