Splurge vs. Save

How to spend a lot -- or a lot less -- and still wow the crowd

Stunning decor, singular centerpieces, exquisite food and drink, and fabulous gifts typically come with equally impressive price tags. What to do if you and your client or organization have Neiman-Marcus tastes but a Target budget? Following are suggestions for stylish yet affordable alternatives to elegant meeting and event elements. (Note: Prices are estimates and might vary by season, location and other factors.)

Saint-Hilaire sparkling wine

Fine French champagne, perhaps Moet & Chandon Vintage Rose 1999, about $100 per bottle
vs.
A French sparkling wine from the Languedoc-Roussillon region, like Saint-Hilaire 2004 Blanquette de Limoux Blanc de Blancs Brut, left, about $10 per bottle; www.wine.com

Jumbo shrimp, starting at $2 apiece
vs.
Scallops, about 50 cents apiece (caterer Bill Hansen recommends serving them on a seashell and garnishing with seaweed salad and soy sauce)

prime ribRolled chicken breastFor buffet carving table: prime rib, left, about $9 per pound
vs.
Rolled chicken breast, stuffed with cranberry and sage, right, about $4 per
pound, from Barber Foods,
(207) 482-5500; www.barberfoods.com

HydrangeasRosesFloral centerpiece with packed roses, left, about $160
vs.
Floral centerpiece with packed hydrangeas, right, about $80, from Planet Flowers, (011) 44-131-539-7781;
www.planetflowers.co.uk

Illuminated barIce barIlluminated bar of carved ice with logo, left, about $2,000
vs.
Illuminated bar of acrylic with logo, right, about $800, from Atlanta Arrangements Inc., (404) 443-5944;
www.atlantaarrange.com

Bliss Spa treatment roomSpa kitGift certificate for a treatment like the Super Blissage massage, $195 at a Bliss spa
vs.
Best of Bliss set of spa products, $45 per kit, (888) 243-8825; www.blissworld.com

White suede cloth-backed chairFanfare chairWhite suede cloth-backed chair, about $22 each for rental
vs.
Fanfare chair, $9.75 each for rental, from Chameleon Chair Collection, (310) 973-8200; www.chameleonchair.com

TRICKS OF THE TRADE

For insider advice on how to get the look (and taste) of big-budget items for less, M&C queried some top industry pros. The experts:

* Jaclyn E. Bernstein, DMCP, president of New York City-based Empire Force Events Inc.;

* Bill Hansen, owner of the eponymous Coconut Grove, Fla.-based catering firm;

* Greg Jenkins, founder/partner of Long Beach, Calif.-based Bravo Productions;

* Michelle Lend, senior vice president/partner at Atlanta Arrangements Ltd.;

* Vince Steffan, president of the eponymous New York City-based event and destination management firm.

Prices given below are estimates; costs will vary based on location, season and other factors.

Cocktails

While a full cocktail bar with martinis can run about $40 per person, offering a single signature cocktail (the least expensive, according to caterer Bill Hansen, are rum-based drinks, such as mojitos) upon arrival, along with a beer and wine bar, will run about $25 per person.

A fine French wine, such as Chateau Pontet-Canet Pauillac 2004 Bordeaux, costs $80 per bottle. For a more reasonably priced alternative, try Chateau d’Armailhac Pauillac 2004 Bordeaux at $35 per bottle.

Fine Scotch, such as Highland Park 30-year-old single malt, costs approximately $500 per bottle. A nice substitution is Glenlivet 12-year-old single malt Scotch at $73.

Food

Stone or snow crab claws are priced at about $5 apiece, while the more humble but still tasty blue crab claw runs 20 cents each.

Mushrooms stuffed with crabmeat will cost about $2.50 apiece, vs. mushrooms stuffed with a pistachio/brie filling, about 75 cents per.

If you’ve been ordering beef tenderloin, at about $12 per pound, try top sirloin cap at about half the price.

What’s in the bread basket? Individual rolls cost about 30 cents apiece, while slices of focaccia bread run just 15 cents per serving.

Table settings

As with the categories cited above, table settings are yet another area where smart alternatives can save significant dollars, without compromising the look and feel of a somewhat more lavish event. (Prices given below are for rentals, except as noted.)

For example, Ricci Silversmith gold-plated designer flatware costs $20 per piece, vs. King Arthur gold-plated utensils at $1.25.

Waterford Siren stemware runs about $75 per glass, as opposed to very thin, 24 percent lead crystal stemware at $3 per piece.

Gold-rimmed or tinted glassware costs about $3 per piece. For a similar look on a budget, use mostly plain, clear glasses, accented by just one tinted or gold-rimmed piece, such as a champagne glass, at each place setting. The cost: about $1 each for plain, plus $3 for the accent piece.

Fancy plates, such as a Chainette charger by French designer Regis Dho, cost $220 each, vs. an Italian art glass charger or a clear glass charger with gold beads, about $8 each.

A Belgian flax custom tablecloth can cost $250, while a Sorrento damask covering can be had for $45. A custom-made damask linen tablecloth with matching overlay costs about $125 each, vs. a Bengaline (shimmery, slightly ribbed fabric) counterpart for just $35.

An illuminated table rents for about $110. Get a similar look with a standard round table topped with $65 illuminated centerpieces.