Handbags
Published: 17/09/2024

Beyond the Boutique: Birkin Bags as an Investment  

Have you ever dreamt of owning a Hermès Birkin bag? Not just for its luxurious craftsmanship, but as a potential investment that appreciates over time. You're not alone. Birkin bags have become a symbol of not only high fashion but also alternative investments. This guide will unveil the secrets of investing in Birkin bags, equipping you with the knowledge to make informed decisions. 

 

You already know of the investment potential of Birkin Bags?  

Here is a brand-new 25 cm, 2024, Hermès Birkin bag (unworn) available on the Splint Invest app right now. 

 

Why Birkins? The Allure of Exclusivity 

 

Unlike mass-produced handbags, Birkin bags are crafted with exquisite materials and meticulous attention to detail. But the real magic lies in their scarcity. Hermès maintains a strict production limit and a by-invitation-only purchasing system, creating a coveted aura that drives up demand 

According to a 2023 report by Baghunter, a pre-owned luxury marketplace, Birkin bags have appreciated by an average of 14.2% annually over the past 35 years, outperforming the S&P 500!    

 

 

Category Investment Profile: Birkin Bags 

  • Risk: moderate 

  • Expected Return: 12% 

  • Investment Horizon: 2-11 years 

 

Story Time: The Rise of the Birkin 

The Birkin bag wasn't always an investment darling. Named after actress Jane Birkin in 1984, it gained fame for its practicality and timeless design. However, the limited availability and celebrity endorsements in the 90s created a frenzy, solidifying its status symbol and investment potential.  

In 2022, Sotheby's sold a Diamond Himalaya Birkin 30 for over $450,000 at auction!