Investment bags from Hermès
A handbag from Hermès is never just a handbag – it is a piece of investment. Hermès bags, especially the models Constance, the Kelly and the Birkin, are the Picasso paintings in the world of bags and absolutely worth investing in. They are said to be an even better investment than gold.
Investment bags from Hermès have garnered attention in recent years for their enduring appeal and potential financial value. Hermès, a French luxury goods manufacturer renowned for its craftsmanship and quality materials, produces several iconic bag designs that have become sought-after items among collectors and fashion enthusiasts.
Kelly, Birkin and Constance – all worth an investment
Determining the "best" Hermès bag for investment depends on various factors such as market demand, rarity, condition, and personal preferences. However, historically, the Birkin bag has often been considered the top choice for investment due to several reasons:
One of the most notable investment pieces from Hermès is the Birkin bag, named after the actress and singer Jane Birkin. Characterized by its structured silhouette, high-quality leather, and distinctive lock-and-key closure, the Birkin bag has achieved iconic status since its introduction in the 1980s. Its exclusivity and limited availability contribute to its allure, with waiting lists for new purchases often stretching for years.
Similarly, the Kelly Bag, named after Grace Kelly, is another coveted item in the Hermès repertoire. With its elegant design featuring a trapezoidal shape and signature turn-lock closure, the Kelly bag exudes sophistication and timeless appeal. Like the Birkin, it is crafted with meticulous attention to detail and is considered a symbol of luxury and status.
The Constance bag from Hermès is increasingly being recognized for its investment value in the luxury goods market. Renowned for its sleek design and understated elegance, the Constance bag embodies timeless sophistication, making it a desirable item among collectors and fashion enthusiasts. Like other Hermès bags, the Constance bag benefits from the brand's reputation for quality craftsmanship and exclusivity.
Skyrocketing increase in value at the reseller market
The resale value of Hermès bags underscores their investment potential. Due to their scarcity and enduring popularity, these bags frequently command high prices in the resale market. Hermès intentionally limits the production of its bags to maintain scarcity and exclusivity. This limited supply further drives up demand.
Recent data suggests that Hermès bags, particularly the Birkin and Kelly models, reach significant resale prices. In the resale market, prices for these bags typically range from £15,000 to £200,000 or more, depending on factors such as size, leather type, hardware, and condition. Reports indicate an average annual appreciation rate of around 10% to 14% for Hermès bags over the past decade. Limited edition or special collaboration Hermès bags can command premiums of 20% to 50% or more compared to standard models.
How to increase a Hermès’ bags value
Increasing the value of a Hermès bag requires careful preservation and strategic management – especially when they are part of an investment plan on the long run. If done right, you can increase its value over the course of 5 to 10 years.
