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In a picture of stocks, bonds, genuine goods and more, designer handbags are the most obvious way to diversify their investments, but in fact they are charged for the search.
According to Art Market Reseek (AMR), they now outweigh the investment potential of art, vintage cars and infrequent whiskies. Some bags, such as Hermois, Chanel or Louis Vuitton, have even experienced a maximum rating of 83% on average over the past ten years.
To put this in context, the pieces increased by 21%, the books of the 1st edition by 42% and the watches, the king of investments in flavors, only 72%.
According to the report, more than 3,500 designer bags were auctioned in 201, totaling 26.4 million pounds ($32.nine million).
The coveted maxim? The Crocodile Skin Birkin from the Himalayas through Hermes, of course, which has long been considered to be the largest collection bag in the world. The record holder, a Birkin in white gold and diamonds, raised HK$2.8 million (about $372,600) in 2016.
In fact, the top 10 beloved Hermes bags auctioned are all crocodile-skin Birkins.
That said, the design of the bag load (93% during the decade) is less than that of Hermes Kelly (known for being renamed in honor of Grace Kelly), which has risen 129% in ten years. Similarly, the design of Chanel flap bags increased by 132%.
While other Americans invest for other reasons, those who have burn promises buy designer handbags for a fairly quick return on investment. The harder it is to buy a bag, whether it’s a limited edition component or simply more loved than its patented pairs, the more coveted it becomes.
As the production of Hermes bags is incredibly limited, with waiting lists of several years (I mean, we all don’t forget the episode Sex and The City, right?), creditors are willing to pay two to 3 times the payment label of a stock exchange charge once it reaches the resale market.
Of course, there can also be a large proportion of people deeply affected by their handbag collections, who can seamlessly accumulate through millions and refuse to sell them once in their possession.
Simply put, designer handbag palms have the source and insist on their appearance in the future.
Even at the lockout, the lacheck sale of designer handbags from the Christie misleading auction has been sold, raising 1.3four million pounds ($1.67 million).
Naturally, it included a Birkin Himalayan crocodile that sold for twice its estimate at $125,000 ($156,000).
Award-winning journalist and blogger of everything related to culture: write about the trends before the global, the innovation before its advertising and the long term before it is
Award-winning journalist and blogger of everything related to culture: write about the pre-global trends, innovation before its advertising and the long term before it arrives.