Hermès, Kelly 25 Padded
Main reasons to invest
Return Potential📈: An investment of 500 EUR is projected to be worth approximately 725 EUR in 4 years.
Cost-to-Return Ratio⚖️: With just 2.9% annual total costs (including exit fees), your net profit could be an impressive 9.7% per year.
Craftmanshift 👜: Each edge of the bag is carefully saddle-stitched, a technique that not only reinforces the structure but also highlights the craftsmanship.
Description
Why invest in a Kelly Bag?
The Enduring Charm and Sophistication of the Iconic Kelly Bag
Originally known as the Sac-à-Depêche and crafted by the prestigious French luxury house Hermès in 1935, the iconic Kelly Bag later garnered its name from the revered American actress and Princess of Monaco, Grace Kelly. Grace Kelly's association with the bag, particularly using it to shield her pregnancy from the paparazzi, added to its allure and enigma. Since then, the Kelly bag has become synonymous with timeless elegance, impeccable craftsmanship, and unparalleled style, establishing itself as one of the most sought-after luxury handbags globally.
Exclusivity and Rarity in the Hermès Market
Hermès is famed for its stringent buying policies, which restrict the number of bags an individual can purchase annually. By deliberately maintaining limited production, the brand ensures waiting periods of several years for prospective buyers. Consequently, the secondary market emerges as a preferred avenue for those seeking to circumvent waiting lists. Even pre-owned Kelly bags in heavily used condition command prices surpassing 10,000 euros, underscoring their extraordinary scarcity and desirability.
Why a Padded Kelly?
Unique Design Inspired by Vintage Cars
Investing in the new version of the Kelly 25 bag means owning a piece with a distinctive design that pays homage to the padded interiors of classic automobiles. The meticulously raised leather on all sides creates a plush and luxurious texture, adding a modern twist while evoking the nostalgic charm of vintage cars.
Exemplary Craftsmanship
Each edge of the bag is carefully saddle-stitched, a technique that not only reinforces the structure but also highlights the craftsmanship. This meticulous stitching divides the front and back of the bag down the middle, creating two distinct sections that add depth to the design and accentuate the bag's heritage. It showcases a perfect blend of tradition and innovation.
Timeless Elegance and Sophistication
The overall aesthetic of the Kelly 25 is a celebration of timeless elegance and sophistication. By investing in this bag, you are acquiring a statement piece that combines classic inspiration with contemporary flair, making it a worthy addition to any collection.
Outlook for 2024
The outlook for 2024 for the Hermès Mini Kelly remains optimistic, with continued high demand. Kelly leather bags marked as "store fresh" still fetch prices around $30,000 to $40,000 on platforms like Sotheby's, and sometimes even higher at auctions, depending on factors such as color and production year. Although we are not seeing the peak prices observed in 2022, demand remains robust. Kelly leather bags are preferred over exotic or vintage versions and retain their popularity among Hermès clientele. Despite fashion editors and designers shifting their focus to larger bags, smaller bags, including the Kelly, remain highly sought after.
Expert
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.
