Rather ELP or life insurance? Rather gold ingots in the garden or bundles of notes in the mattress? Forget all this and go to the luxury department stores. According to some experts, a Hermes Birkin handbag is a safer value.
This is the study we needed to stop feeling guilty when surfing the website luxury leather goods brands . Finally, letting go at Hermes is not such a bad thing.
Hermès Birkin is a safe bet
The most profitable investment is not necessarily the one we believe. According to the Baghunter resale and purchase website , luxury bags are worth a lot over the years. The site took as an example the average value of one of the iconic models of the brand Hermes: the Birkin .
In more than 30 years, its value has never declined. On the contrary, it has even exploded by more than 500%. Based solely on the value of the bag in 2016, it even went up 14% from the year before. It is absolutely huge and it beats the "classic investments".
Why such value of iconic bags?
This is explained by the very simple law that has governed trade since the dawn of time: that of supply and demand . The Birkin are becoming increasingly rare since the model was created in 1984. Consequence: those who want one more than anything, are ready to put the price. It costs at least 4900 euros for the basic price, and up to almost 35 000 for the crocodile version.
If this is true for the Birkin Hermes, it is true for other models of iconic luxury bags. Chanel 2.55, Lady Dior, Hermes Kelly, Céline Luggage or Speedy de Vuitton .
These bags are great classics which it is very difficult to get tired of. And if that were to be the case, he would soon find a second life on the market of opportunities. Resale would be no problem and you would leave something to invest elsewhere, in one (or ten) pair of iconic luxury comfy shoes for example?
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