Investing in Vintage and Modern Limited Edition Luxury Luggage
When we think of alternative investment opportunities, art, classic cars, wine or whisky often come to mind. However, there's a niche yet increasingly lucrative market that's catching the attention of savvy investors: luxury luggage. Whether it's the allure of vintage travel trunks from iconic brands like Louis Vuitton and Goyard or the cutting-edge designs of modern limited editions from Rimowa, investing in luxury luggage is a unique way to combine passion with profit. As the global collector base expands and prices steadily rise, now might be the perfect time to explore this fascinating market.
The Allure of Vintage Luggage: Timeless Beauty and Proven Value
Luxury vintage luggage represents more than just travel history; it embodies craftsmanship, elegance and exclusivity. Brands such as Louis Vuitton, Hermès and Goyard have long been synonymous with luxury, and their vintage travel goods are no exception. These meticulously crafted trunks and suitcases, often adorned with distinctive logos, fine leather and brass fittings, are not just functional items - they are works of art with stories to tell.
Take, for example, a Louis Vuitton "Malle Courier" trunk from the late 19th century. Originally designed to accompany the French nobility on their travels, these trunks are now coveted pieces of interior decoration. Their historical significance and exceptional craftsmanship make them highly sought after by collectors, and their value increases significantly over time. A prime example in good condition can fetch prices at auction comparable to a luxury car.
Louis Vuitton "Malle Courier" trunk from 1915. Source: 1stdibs.com
What makes vintage luggage particularly attractive as an investment is its low volatility. Unlike other collectibles, such as art or antiques, the value of vintage luggage remains relatively stable, with a consistent demand from a global basis of collectors. As these items become rarer, their prices are only expected to climb further. For example, Louis Vuitton trunks from the late 1800s to early 1900s have seen remarkable appreciation, making them a valuable asset in any investment portfolio.
The Modern Appeal: Rimowa and the Rise of Limited Editions
While vintage luggage offers a link to the past, modern luxury luggage presents an equally compelling investment opportunity, especially with brands like Rimowa leading the charge. Since its founding in 1898 by Paul Morszeck, Rimowa has been at the forefront of innovative luggage design. The brand's iconic grooved aluminium suitcases, inspired by the world's first all-metal aircraft, the Junkers F13, have become a symbol of style and durability for the modern traveller.