There is some merchandise in the world that the value appreciates over time. Specific products from Hermes, especially the signature Birkin and Kelly bags, are pieces of merchandise that are becoming even more expensive as the years go by. This means that they have great investment value and are a top pick for a collector's piece that will be worth even more a few years down the road.
There’s something about luxury items that draw people to them.
Premium quality and craftsmanship? Sure. Status symbol?
Perhaps. Can be passed down to your children? And you can throw in “valuable” in the list of reasons, because designer bags can be investments.
While people seldom trade bags to earn money (after all, some bags are hard to come by) it’s true that some luxury bags can earn you a neat profit if you ever decide to sell them.
Compared to the 1950s, when the Kelly bag first began to rise in popularity, Kelly bags are now much more expensive. This is due to their popularity and exclusiveness. Both Birkin and Kelly bags are becoming rarer and there are plenty of limited edition designs that aren't made anymore, meaning there are only select few in the world that you can get your hands on. This leads to a high amount of competition, which leads to a higher price. Kelly and Birkin bags are also made with expensive materials including leather and exotic animal skins. At the moment, the value of both silk and leather are beginning to rise, meaning Hermes products are going to see another increase in value and price.Shares in Hermes are already 3 percent higher than they were just a week ago, at a total of 331.00 US dollars. Calf leather, in particular, is rising in value and is a very essential material used to make Hermes Birkin and Kelly bags.For example, a Hermes Togo Kelly 32 Bag saw a very substantial increase in price over the space of just a few months.
There’s something about luxury items that draw people to them.
Premium quality and craftsmanship? Sure. Status symbol?
Perhaps. Can be passed down to your children? And you can throw in “valuable” in the list of reasons, because designer bags can be investments.
While people seldom trade bags to earn money (after all, some bags are hard to come by) it’s true that some luxury bags can earn you a neat profit if you ever decide to sell them.
Compared to the 1950s, when the Kelly bag first began to rise in popularity, Kelly bags are now much more expensive. This is due to their popularity and exclusiveness. Both Birkin and Kelly bags are becoming rarer and there are plenty of limited edition designs that aren't made anymore, meaning there are only select few in the world that you can get your hands on. This leads to a high amount of competition, which leads to a higher price. Kelly and Birkin bags are also made with expensive materials including leather and exotic animal skins. At the moment, the value of both silk and leather are beginning to rise, meaning Hermes products are going to see another increase in value and price.Shares in Hermes are already 3 percent higher than they were just a week ago, at a total of 331.00 US dollars. Calf leather, in particular, is rising in value and is a very essential material used to make Hermes Birkin and Kelly bags.For example, a Hermes Togo Kelly 32 Bag saw a very substantial increase in price over the space of just a few months.
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