In the last 35 years, the price of these handbags has only gone up. It has never fallen like real estate, the stock market, and other so-called ‘safe investments’.
Beverly Hills, CA (PRWEB) November 18, 2015
Baghunter is delighted to announce the launch of their VIP Club, a new alternative to long-term waiting lists and risky auctions for avid purse collectors and investors. Priced at $1,400 per year, VIP memberships offer first right of refusal on the rarest bags that come into Baghunter’s possession, such as the “Hermes Grand Marriage Birkin”, an ultra-rare bag valued at $125,000 featuring a blend of three exotic skins – crocodile, ostrich, and lizard – and unlikely to come on the market again in the near future.
“VIP membership may seem pricey,” said Evelyn Fox, CEO, Baghunter, “but handbags have become the new status symbol for women with Hermes leading the way by producing bags so rare they have created a revolutionary movement of handbag collecting among women. The chance to be the first person to get offered a bag makes it well worth the price for high status collectors. ”
While purse collectors and investors could spend years on a waiting list for a Birkin bag or risk losing out at auction, a VIP membership with Baghunter is a unique service that guarantees access to the rarest handbags at today’s market price. This also presents a sound investment opportunity as the value of rare collectable bags continues to rise. A Birkin bag purchased in 1980 was $2,000 and now sells for over $10,000 at the Hermes store representing an increase in value of over 500%, far exceeding the annualized returns of the Dow Jones Industrial Index!
“An exciting part of our VIP Club is the investment opportunity,” said Evelyn. “In the last 35 years, the price of these handbags has only gone up. It has never fallen like real estate, the stock market, and other so-called ‘safe investments’.”
These rare bags are worth considerably more to collectors than the price paid at the Hermes boutique. Bags purchased at the Hermes store are usually worth 25-30% more on average than the price originally paid. Some bags are worth more than others for example the rare “Hermes Himalayan Birkin” can sell for as high as one hundred and fifty thousand dollars but at the Hermes store would be around sixty thousand dollars.
About Baghunter: A+ rated BBB accredited business and a trusted source for both new and pre-loved Hermes and Chanel handbags. Services include buying, selling, and swapping rare and high value bags with every item examined by a team of professional authenticators to guarantee 100% authenticity. The service is used by elite clients around the world including royalty, celebrities, athletes, and other ultra-high net worth customers.