Figures based on the past show that the value of Birkin bags will continue to steadily rise by up to 10 times more than today’s market prices in the next 35 years if history repeats itself.
Beverly Hills, CA (PRWEB) January 04, 2016
One of the rarest collectible handbags ever consigned by online luxury handbag retailer, Baghunter, is a rare Hermes Birkin, which was snapped up for a record $99,750 just days after being listed. The elephant gray and black Bi-Color Porosus Crocodile Special Order Hermes Birkin in size 35 was taken off the market almost as soon as it became available by a VIP client of the website, who wished to remain anonymous.
“A Birkin this rare doesn’t become available every day”, said Baghunter CEO, Evelyn Fox, “So we offered it to our VIP clients first, as is standard procedure, and within days received a call from a high profile VIP client.”
The huge sum paid for the stunning bag highlights the steep rise in value of Hermes Birkin bags as they become much more than just a fashion statement. In fact, the bag was listed on Baghunter in pristine condition, meaning it showed no signs of wear or defects and looked the same as it did when it was made. Even with the record figure paid for the Birkin, it will likely fetch an even greater sum when and if the buyer decides to sell.
“Many of the Hermes bags we consign come to us in pristine condition”, said Evelyn, “This is because many of the trusted resellers and collectors we work with understand the investment opportunities in Hermes bags and keep them solely for that purpose. This trend is set to continue with figures based on the past showing that the value of Birkin bags will continue to steadily rise by up to 10 times more than today’s market prices in the next 35 years if history repeats itself.”
Astonishingly, the record-setting Birkin could soon be relegated to the second most expensive handbag sold on Baghunter as a two-tone Hermes Birkin Special Order crocodile in two-tone black and orange was just listed for $114,000. Special order Hermes bags are especially valuable because they are custom made to order, available only for very special VIP Hermes clients and can take up to a year or more until you get your special order bag.
Baghunter, an A+ rated BBB accredited business, is 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. Their service is used by elite clients around the world including royalty, celebrities, athletes, and other ultra-high net worth customers.