Hermès Bags Are Now Officially More Valuable Than Diamonds
It doesn't take a rocket scientist to know that Hermès bags are among the most coveted and valuable of all fashion items. But according to a just-released study from bag resale site Baghunter, they just might be a lot more precious than most of us realize. According to Baghunter's research, Hermès bags are poised to replace diamonds as the most coveted fashion items among women.
"In the last 30 years, diamond prices have seen their ups and downs, as have gold, silver, stock markets, real estate, and just about any investment," Baghunter CEO Evelyn Fox says in the introduction to the study. "The exception? Hermès bags, in particular the Birkin and Kelly bags, which have seen their values increase five-fold over the last 30 years."
To illustrate what she means, Fox cites one example that we find particularly mind-blowing: "One Birkin bag recently consigned by Baghunter was purchased in 1980 for $2,000 and is now worth more than $10,000," she says. "In 2025, it is projected that the same bag will exceed a value of $20,000."
Forget the solitaire, ladies—when the time comes for your squeeze to propose, request a Birkin bag instead; it seems like it will be a worthier investment!
Would you ever invest in a handbag like an Hermès? Tell us in the comments below, and shop some of our favorite current bags too!