“It was love at first sight, at end sight, at ever and ever sight” when I first glimpsed her on the yellowing pages of Truman Capote’s Breakfast at Tiffany’s.

Dressed to the nines in Givenchy and wearing the biggest of sunglasses to shield her eyes from the glaring morning sun while nibbling at a croissant and admiring the well-appointed shop window that was so central to her character, Audrey Hepburn performed what is perhaps the most elegant walk of shame in the history of film.

Standing on Fifth Avenue, New York, long before Hepburn and the most iconic breakfast scene ever shot, is Tiffany and Co., founded by Louis Comfort Tiffany in 1837. Now, some 50 years after it received international recognition and renown through Breakfast at Tiffany’s, it is back and bigger than ever, taking centre stage in Baz Luhrmann’s adaptation of F. Scott Fitzgerald’s The Great Gatsby.

The short story tells the riveting tale of a man’s meteoric rise to wealth and celebrity, the sole aim of which is to garner the attention of his now married first love Daisy Buchanan, a woman simple by name but certainly not simple by nature, who makes wearing enough diamonds to sink the Titanic look effortless.

This tempestuous tale of love, sex and excess is told against the backdrop of the epoch that embodied and promoted flamboyant abandon: the roaring 1920s.

While Catherine Martin, wife to Luhrmann and costume and production designer, may be behind the careful construction of the 1920s fantasy world, which has made this film one of the most eagerly anticipated of the year due to its lush design and stellar cast, it is the jewels which are the real stars of the show.

Tiffany and Co. did not only agree to loan jewels from its own archives, but it collaborated with Luhrmann and Martin to create new pieces for the film, as well as its own collection for anyone who wants a piece of the Scott Fitzgerald dream.

The aptly named Jazz Age Collection symbolises the story’s themes of wealth and privilege and combines diamonds, pearls, onyx and platinum into its designs, capturing the unmistakable feel and aesthetic of the 1920s.

Despite its harking back to another era, the designs do not look dated as Martin placed an emphasis on making pieces that felt and looked timeless. “We didn’t want a nostalgic 1920s. We wanted a modern 1920s,” she explained.

“So there had to be a sensibility about history, but there also had to be an actuality about it.”

The 20 Great Gatsby pieces were unveiled at the annual Blue Book Collection party and will go on tour and be available for sale after the film’s premiere.

Among the ropes upon ropes of pearls, which are synonymous with the era and were layered together by the period’s most fashionable women, there is particular interest mounting around who will buy the star piece of the collection, the Savoy Headpiece. Crafted in both freshwater, cultured pearls and a cool 25 carats of diamond, it truly embodies the spirit of Daisy, who is paid further homage to in a yellow and white diamond brooch in the shape of her namesake flower.

Although this collection is not for the faint-hearted or the slim-walleted, one can own part of the magic for as little as $135 (€104).

Visit www.tiffany.com for a glimpse of the collection. The Great Gatsby is in cinemas at the end of the month.