Is this real? Apparently a new study done by ‘Bag Hunter,’ Hermès Birkin bags are worth more than gold and even the American stock-market, S&P 500! Now as strange as it may seem, it’s been analyzed in studies over the years, even dating back from when the Hermès bag first was a hit seller in 1980!
The ‘Bag Hunter’ is the one-stop-shop carrying nothing but exclusive high-end designer bags. They are delivered to you in little to no time because “ultra-luxury” bags like owning your own Birkin bag is hard to come across unless you’re Kim Kardashian or Victoria Beckham. And I’m talking about the authentic ones, not the one the Oriental man in New York sold to you! Most are even on a waiting list, according to Luxury Daily if you’re highly interested on jumping on this investment deal.
“As a whole, the study findings show how stable the ultra-luxury industry has been over the past 35 years when compared to more traditional investment opportunities,” said Evelyn Fox, founder of ‘Bag Hunter.’ “In particular, the study displays how high-end, rare and sought-after luxury items such as Hermès Birkin handbags have never dropped in value, even during times of recession and economic difficulty.”
When Fox conducted a study on the delays and boosts in the sale market by comparing S&P 500, gold and Hermès Birkin bag there was a steady fluctuation ever since the economy suffered greatly in 2008. To investigate more into what’s going wrong with these investments versus what’s wrong with Hermès, S&P 500 and gold lovers aren’t getting any profit, but instead are just at a standstill in the market business.
The highly expensive leather good is what makes the Birkin bag a one-of-a-kind item, based on it’s demand more than it’s supply. Based on this scarce supply, most consumers are on a waiting list for this special item. It differentiates why Hermès Birkin is considered “ultra-luxury” versus luxury and explains a lot why it continues to increase to 14.2 percent in sales ever since when the bag first made it’s debut in 1980.
“There is a difference between luxury and ultra-luxury,” Fox said to Luxury Daily. “While the luxury market suffers during worse economic times the ultra-luxury market is impervious to economic factors that can affect other industries such as high-street retail and stock markets.”
Fox also said: “As such, potential volatility in the economy throughout 2016 will likely have little to no effect on the ultra-luxury collectors market and we expect it to continue to thrive for the foreseeable future, remaining the least risky investment opportunity in 2016 in my opinion.”
To all the fashionistas out there, this bag is on average worth over $200,000, ever since the designer label came out with the pink-crocodile bag which was sold at an auction in 2015. It was record breaking based on it’s trademark and history, in reference to actress and singer, Jane Birkin.
http://www.luxurydaily.com/hermes-birkin-bags-value-increases-14-2pc-annually-report/
https://baghunter.com/pages/hermes-birkin-values-research-study
TSR Intern: Charise W.
Instagram: @planet_reese
