Producer

Model

Year

Size

Type of leather

Hardware

Condition

Colour

Why Invest in a Birkin Bag? 
The Origin Story of the Birkin Bag 
The design idea for the Birkin Bag emerged during a flight in 1983. Louis Dumas, the former head of the family-run company Hermès, met British actress Jane Birkin during his trip. She was using a straw bag as a handbag. When asked why she used a straw bag, the actress replied that conventional handbags were simply too small. Louis Dumas immediately began sketching a trapezoid-shaped bag. 
 
Investing in the Exclusive World of Hermès 
An Hermès bag is not just available around the corner. The manufacturer decides who is allowed to purchase one of these coveted handbags. Production is deliberately limited. Similar to a Rolex watch, buyers must endure waiting times of several years. To bypass these waiting times, customers often turn to the secondary market. Even bags with signs of wear after several years still fetch prices over €10,000. This underscores the immense scarcity and high demand. 
 
A Luxurious Investment Surpassing Traditional Assets 
The online portal "Welt" compared the price performance of Birkin Bags with that of US stocks and gold, yielding a surprising result. These luxury handbags outperform traditional investments in terms of returns. The annual value increase of Birkin Bags is 5% higher than that of stocks. 
 
The Early History of the Birkin Bag 
It's hard to believe, but the initial public reaction to the Birkin Bag was lukewarm. In the 80s, Chanel bags dominated the market, and the Jane Birkin bag did little to change that. The legendary quality of Hermès and the charming origin story did not make an impact. It wasn't until the 1990s that the bag inspired by It-Girl Jane Birkin became the It-Bag. 
 
Why Invest in the Hermès Birkin Jaune Poussin? 
Sought-After Size and Trendy Color 
The 25 cm size of the Birkin Bag is highly sought after and ranks second in average auction value, surpassing the 28 cm and 30 cm sizes. Additionally, the rare Jaune Poussi color, which gained popularity for its cheerful and vibrant hue post-COVID-19, makes this bag an even more sought-after collector's item. 
 
New and Unworn 
This bag is new, unworn, and the box is available in pristine condition.

<hr align="center" size="2" width="100%" />
For the sale, the following two options are being considered:

<ul>
	<li>Private Sale: The bag will be offered directly to private collectors of Hermès bags.&nbsp;</li>
	<li>Auction: The bag will be offered as a single lot at a handbag auction. This option will be considered if the price has reached a point where the minimum bid is at least equivalent to the market value and the demand for handbags in this size and color is high.</li>
</ul>

The price of €28,100 includes the Splint Invest platform fee and external maintenance costs of €2,100. €26,000 can be allocated to the bag. 
Platform Fee Splint Invest:&nbsp;Compensation for the tokenization of the assets, the maintenance as well as the further development of the application and the costs related to the research and maintenance of the expert network. 
External maintenance costs: Shipping, handling, as well as years storage and insurance for the whole investment horizon.

Variable Costs

Berner Kantonalbank AG BEKB | BCBE, Bundesplatz 8, 3011 Bern

40608_Hermes_Birkin_Jaune Poussin

The Birkin bags, highly coveted, have experienced an average annual value growth of 14.2% since 1985. 
 
The 2023 wealth report by Knight Frank, prices for collectible handbags have surged by 74% in the past decade.

Return

Hèrmes deliberately maintains a low production volume, resulting in annual price hikes ranging from 5 to 10% for the primary Birkin bag market. The prices in the secondary market mirror the increases in the primary market. 
 
The annual production of the Birkin bag stands at approximately 12,000 pieces.

Stability

The size of a bag greatly impacts its value, with 25cm bags holding a prominent position in the market. Currently, they rank second in terms of average auction value, outperforming 28cm and 30cm bags, which are closely competing for the third spot.

Hermès, Birkin, 25 cm, 2024 (unworn)

A Hermès bag isn't just available around the corner. The producer determines who is even allowed to acquire one of these coveted handbags. The production is intentionally limited. 
 
To bypass these waiting times, customers often turn to the secondary market. Even bags with signs of use after several years still command prices of over 10,000 euros. This underscores the immense scarcity and high demand.

Track Record

Procura London aims to procure luxury goods, investment pieces and heirloom treasures for discerning clients and businesses alike. Using their knowledge, experience and concierge services, Procura London aims to inspire clients and advise on their next best investment piece in order to curate and expand their private collections.

Procura London offers procurement services of Luxury Goods such as Hermès bags, Watches and Fine Jewellery as well as hard to find designer pieces. With over 10+ years in the industry, Procura London is able to find the best rare and unique pieces and works with clients and businesses alike to inspire and advise on the next best investment piece to buy, based on their understanding of market trends and market valuations. 
 
Clients will often refer to Procura London to curate gift edits in order to help them find unique gifts for themselves and loved ones for key milestone events and celebrations. Procura London will use their concierge services to help them find heirloom gifts to pass down through the generations. The pieces are sourced on a request by request basis, meaning that the meticulous process of finding the perfect item for the client is of the utmost importance and Procura London will work together on the brief making sure that the client’s needs are met.

Procura

This is a concrete investment opportunity in which we have recalculated the expected performance given by the external expert (Procura) and have thus checked whether a positive return can be expected after deducting all costs for storage and insurance. Furthermore, we have verified the existence, proper storage and insurance of the bag.

Hermès, Birkin, 25 cm, 2024 (unworn)

Asset's Life Cycle Details

Storage location

Asset ID

Token terms

Expert

Category

Status

Total number of Splints

Date of issuance (launch)

Issue price per Splint

Investment horizon in years

Time period for the divestment

Documents

Aurelio

Do you have questions?