why you should invest in a Hermès bag
The price behind a Hermès bag is since day one a beacon of exclusivity, not only for the many zeros you find in its price tag but for the inimitable craftsmanship one carries.
Created by French luxury brand Hermès in the '80s, Birkin bags have extremely limited production, giving all the necessary care to the roomy leather bag. The brand even has a limit on the number of bags you can purchase in a year. In some cases these bags can be considered more valuable than gold — so you may want to start considering selling your prized bag or investing in one.
The name of the game is resale value, referring to the rising price people pay for designs that are no longer available — that happens a lot with sold-out and exclusive SNKRS as well. Hermès ranks 4th among the brands with the highest resale price, which means the timeless brand's craft just gets more impeccable with time, being also considered the surface for conceptual artistry at its finest.
Starting to get convinced? The main pieces you should keep your eyes peeled for are special and extremely rare Birkin bags with exclusive versions of the classic. The main one is probably the Shadow Birkin, a style first introduced in 2009, when Jean Paul Gaultier was the creative director of the French house.
"Drawing inspiration from Trompe L'oeil, the style features debossed motifs of the Birkin's distinct cover flap, sangles, and clochette appearing to be chiseled into raw materials," explains Kevin Ngo, Senior Valuation Manager at luxury items trader TheRealReal.
Despite not being a great hit when it was released, the now coveted collector's piece resale market value holds nearly 300% of its original retail price.
Other Hermès besides the Birkin also rule the resale market. The Picotin bags, for example, hold an average resale value of 72%, the Evelyne bags retain 78%, and the Kelly bags hold 92%. Among the classic designs, the 1st place goes to the Hermès Constance, with an average resale value of 105% 🤑.
Highest quality collections only.
For more art-like designs, discover the Schiaparelli revolution.