Forget buying gold or playing the stock market game, there could be a much simpler and easier way to spend your money with a guaranteed return. It sounds too good to be true but this is a tried and tested method and you won’t believe how easy is, especially if I tell you that this investment comes in the shape of a designer handbag , I know it sounds bizarre. However, genuinely the Hermes Birkin Bag has proved over and over to be worth it’s wait in gold. Rarely decreasing in value and if it’s loved and looked after it can almost always be guaranteed to be worth much more than it’s original purchase price. The only difficult you may have with this investment would be actually purchasing one in the first place, but more about that later.
One study compared the S&P 500, Gold and Birkin bags over a 35 year period and it was only the Hermes Birkin Bag which increased in value year on year, in fact in 2001 Hermes Birkin Bags increased by 25% and in recent years the iconic Birkin Bags have been sold at auction for six figures, yes you read it right, 6 figures! And then there was a record breaking auction sale price of $300,168.
Although the record breaking sale was of a particularly rare Birkin bag, the Diamond Himalaya Niloticus crocodile diamond Birkin 30 with 18k white gold and diamond hardware, both Christie’s and Fendelman agree that even the most basic Birkins hold their price, making them a sound investment as well as an impressive fashion statement.
What makes the Birkin bag such a sound investment? Many factors such as the quality of the materials and leathers used and the craftsmanship contribute, the fact that it can be repaired for life and so can also be seen as a heirloom also helps, but perhaps the biggest factor is it’s rarity and exclusivity. The amount of Hermes Birkin Bags manufactured in a year is a very well kept secret, the waiting list grows month on month, year on year and this only adds to their desirability, it’s human nature to want what others can’t get and a Hermes bag is most certainly not an easy purchase.
Fortunately for those mere mortals who can only long to join the upper echelons of the social elite, for those who are unable to bypass such waiting lists there are some super online retailers that specialise in reproducing the iconic Birkin bag and at a fraction of the price. Forget six figures, here you can purchase almost every size and style of replica Birkin for around $350, at that price it’s a very sound investment. Although this purchase may not hold it’s value quite like an authentic version, should you choose well and look after it you should easily be able to sell on for a decent price.