Why The Hermès Birkin Bag is a Better Investment Than Gold Skip the gold and steer away from the tumbling stock market, according to a new study the best op

Why The Hermès Birkin Bag is a Better Investment Than Gold

Skip the gold and steer away from the tumbling stock market, according to a new study the best option for long-term investors is to buy a Hermès Birkin bag.

According Baghunter, an online marketplace for buying and selling handbags, the Birkin bag outpaced both the S&P 500 and the price of gold in the last 35 years— a time period chosen to reflect the date when Birkin bags were first produced in 1981. They say that the annual return on a Birkin was 14.2%, compared to the S&P average of 8.7% a year and gold’s -1.5%.

The bags, which can costs anywhere between $60,000 to $200,000, are made in limited numbers and are not advertised. Quartz attributes its astronomical prices to scarcity: waiting lists for new bags are six years.

According to Baghunter: “As a status symbol for the elite and ultra-rich, the main factor affecting the secondary market for Birkins is desire. All signs point to that desire remaining as strong throughout 2016 as it has been since the bag was released in 1985, with media outlets fawning over celebrities such as Kim Kardashian and Victoria Beckham who regularly sport their Birkin bags in paparazzi pictures.”

The bag was conceived when actress Jane Birkin was on the same flight as Hermes’ boss Jean-Louis Dumas and complained about not being able to find a good leather weekend bag.

By Time magazine

Boss moves

Why The Hermès Birkin Bag is a Better Investment Than Gold Skip the gold and steer away from the tumbling stock market, according to a new study the best op

The expensive bag outpaced both the S&P 500 and the price of gold in the last 35 years

So what's our recommended purchase?

Meet Feu! Introduced in 2011, is a dynamic colour which symbolizes fire or flame.
This combination of red and orange is a bright and vibrant colour which epitomizes the fervent sun or a roaring fire. Epsom leather is a very popular embossed leather with a beautiful rigid and structured shape.
This compressed type of leather holds true to its shape in all instances and is completely resilient to scratches and dirt even when used daily. Placed beside the iconic Hermes Orange colour, Feu, this rouge-orange will also draw everybody’s attention. Email sales@slaynetwork.co.uk to purchase.

Hermes feu Epsom birkin 30cm

More details

Back view

Wallet

Let's take a closer look

Inside this perfection

Attention to details

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.