When the store was initially announced last year, Schlehuber said some items would sell for a few hundred dollars but "the sky is the limit" for others.
"The new store will house a large selection of iconic Tiffany collections, such as diamond engagement rings for which Tiffany is renowned around the world, as well as fine, gold and sterling silver jewellery," Schlehuber said.
"In addition, it will feature the acclaimed creations of exclusive Tiffany designers Elsa Peretti, Paloma Picasso and Jean Schlumberger, as well as signature collections such as Tiffany T and Tiffany Atlas, watches, gifts and leather accessories."
A major refurbishment has been underway for the 430 square metre building.