When it comes to investing in a luxury handbag, it is obviously important to find a style that you really like. Equally important (and often overlooked) is educating yourself that handbags will hold their value and never go out of style. Exclusive Birkin, for example, predicts prices will double in the next 10 years. But that’s not just worth scooping up the bag. We’ve tapped Alice Wang and Emily Erkel, founders of LePrix (a trusted online destination for pre-owned luxury) to give you an idea of your money bags, spreading the styles you need to try. “To get the maximum resale value of your investment bag, I have only one piece of advice: Invest in Holy Trinity — Chanel, Louis Vuitton and Hermes ৷ Although the price of luxury handbags can fluctuate due to trends or buzz, most of these three specific style iconic brands are LePrix. There is resale value, “Dang told us Keep scrolling to check more about the top bag you should buy.
“Hermes resale prices depend on style, skin type and hardware,” Dang shares. “The strength behind the Hermes brand is due to their limited quantity. It lacks an unparalleled dimension and creates exclusivity that other brands have yet to achieve. Although there is no such thing as a Hermes waiting list, there Is A specific waiting period for your dream Birkin or Kelly – depends on your relationship with your Hermes salesperson, on the amount spent on Hermes for some time and on pure fortune.
“Birkin is one of the most sought-after handbags in the hands of celebrities, including Victoria Beckham, Alessandra Ambrosio, Kate Moss and the entire Kardashian-Jenner group. The popularity of this bag has grown rapidly. Our invoice is searching for Birkins through boutique partners.
“Most Birkin again retain or increase the value depending on the skin, hardware and demand. If you score exclusive, high-demand black Birkin with gold hardware or otherwise known as the ‘Holy Grail’ in the fashion community. This bag I’ll give you back with a spade. “
“Inspired by Grace Kelly, the Hermes Kelly bag also retains or increases the resale price,” Dang tells us. “The Kelly bag is a classic and a favorite for Miranda Kerr, Emma Watson, Sarah Jessica Parker, Rosamund Pike, Beyonce, Carly Klose and again, the Kardashian-Geners.”
“While Birkin has recently been rumored to have beaten the S&P 500, this is not the case Only Handbags that have surpassed the S&P 500, “Dang shares.” Ten years ago, I bought my first channel medium flap of caviar leather for 00 1600. This same exact bag retails now for $ 4900. This is a 206% return (not adjusted for inflation). Where, in the last decade, the S&P total nominal return was 49% (not adjusted for inflation). The resale price of these bags is also maintained or increased depending on the leather and hardware. It’s a constant favorite of Alexa Chung, Rita Ora, Demi Lovato, Rosie Huntington-Whiteley and Lauren Conrad. “
“Another bag to consider for investment is the Chanel Boy Bag,” Dang says “Although the Boy Bag is fairly new, launched in 2011, it now joins the ranks of a basic, classic flap and re-issue flap. Five years ago, this bag started at $ 2500. Today the Chanel Boy bag starts at $ 5100. It usually retains at least 90% of its resale value. You can find this bag at celebrities like Jessica Biel, Leigh Lazark, Bella Thorne and Taraji P. Henson. “
“The Never Laprix is going to be one of our fastest-selling handbags, and there’s a reason for that,” Dang said. “While some fashion-industry reports say the tote handbag category has declined for other brands, Louis Vuitton Neverful is popular due to periodic price increases and high demand. Neverful is one of Louis Vuitton’s most successful bags of all time. It is worn by A-listers such as Sofia Vergara, Cara Delivingne, Diane Krueger and Reese Witherspoon. . “
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This post was originally published on a previous date and has been updated ever since.