Invest in Luxury

Investing in a luxury bag has a cost, the price exceeds 1,000 euros but it has become a rather advantageous investment where it is possible to make a profit when it is an iconic bag.

When it was created in 1955, the medium classic Chanel bag cost $220, in 2010, a medium classic Chanel bag was worth $2,850, while in 2016, its value had increased by $2,050, making it worth $4,900. Over the years, the value of the bag has increased by 70%, which is huge. Other iconic Chanel bags have experienced the same increase in value.

Another example of a bag from a luxury brand that has increased in value over the years is the Lady Dior from Dior. Indeed, the value of the handbag increased by 8% between 2004 and 2016 and by more than 14% between 2014 and 2016. The price of the bag starts at €2,750.

The same is true for the Birkin bag from Hermes, the value of the bag has been increasing steadily over the years. Indeed, in less than 5 years, its value has increased by 14.2% per year. Over the last 35 years, the value of the Birkin has increased by 500%. Indeed, Hermes is producing fewer and fewer models and reserving them for an upmarket clientele, which makes it rare. Numerous studies show that investing in a Hermes bag is as profitable as investing in gold. This bag is therefore an ultra-profitable investment.

Evolution of the price of the Birkin bag 

Hermes bags are sold at very high prices. The most expensive handbag was sold at a price of $380,000 in Hong Kong, which is a very large investment.

Himalaya Niloticus Crocodile Diamond Birkin 30

In addition, it is possible to buy a luxury bag and resell it a few years later at a higher price. Let's take the example of my friend who bought a Chanel 2.55 bag in a sales depot in Paris 3-4 years ago, today the value of her bag has increased by 1,000€.

Here is a video to help you better understand the investment that a Hermes Birkin bag represents