With the 1.1 update, if you've used the 1.0 version, the bad news is- your watering can will be broken, but you can get a new one (that remembers how much water it has saves) for free!

-Now the menu sprites are the correct (purple) color.
-To obtain these items, make sure you have a regular iridium hoe and watering can in your inventory. Go to Clint's, if the right tools were in your inventory, there will be a box near the door. Right-click the box to open the menu. If you have both the hoe and the watering can (iridium quality) you'll be able to get the items and get 1 gold back each. (I couldn't change the sale price in the code).

Coming soon is an update to add commands to cheat the items directly into your inventory.