Hermès, Birkin HSS, 25 cm, Swift
Main reasons to invest
The addition HSS stands for tailor-made bags, which only 1-2% of VIP customers offered by Hermes.
According to 2,033 Sotheby’s Auction results over the last 5 years achieve bags in the rose sakura color the second highest premium.
The combination of Rose Sakura with gold fittings and an HSS stamp gives this bag an extremely high value.
Description
Special order HSS Hermès bags: As exclusive as it is to get a Hermes bag, top customers know another level of exclusivity: "HSS", also known as "Special Order" or "Custom Made", recognizable by a small horseshoe stamp that sits next to the brand stamp and indicates that the bag was made to measure. Throughout the history of the French brand, Hermès has repeatedly made very individual bags for very special customers. The Birkin bag itself, for example, was in many ways a custom-made product for Jane Birkin from 1984, which then went into regular production.
The design idea for the Birkin Bag came about during a flight in 1983. Louis Dumas, then head of the Hermès family business, met the British actress Jane Birkin during a trip, who was using a straw bag as a handbag. When asked why her bag was made of raffia, the actress replied that the usual handbags were too small. Louis Dumas immediately began sketching a trapezoidal bag.
The online portal Welt compared the price development of Birkin bags with that of US stocks and gold with an astonishing result. Precious handbags outperform traditional investments in terms of return. The annual increase in the value of Birkin bags is 5% higher than that of shares.
A Hermès bag is not available in the shop around the corner. The producer determines who is allowed to purchase one of the coveted handbags in the first place. Production is deliberately limited. Similar to a Rolex watch, buyers have to put up with waiting periods of several years. To avoid these waiting periods, customers switch to the secondary market. Even bags with signs of wear after several years of use still fetch prices of over 10,000 euros. This underlines the enormous scarcity and high demand.
Rare pieces from limited editions are often traded for six-figure sums at auctions. The Birkin Bag with the model name Himalaya was auctioned at Christie's in Hong Kong for the record price of 200,198 US dollars. The handbag is made of matt white Niloticus crocodile leather and has an 18-carat gold handle.
Expert
Threads offers a personalised luxury shopping and styling service. Think of Threads as your very own fashion concierge. Their mission is to make sure you’re always one step ahead of the curve with trend updates, bespoke edits and access to even the hardest-to-find designer collections.
Launched by Founder and CEO Sophie Hill in 2009, their pioneering approach combines social media and online shopping with 1:1 chat platforms, enabling them to connect in a uniquely personal way for the ultimate luxury styling service.