An investor who manages to get their hands on a brand new or pristine condition Birkin can sell it almost immediately for a profit of up to 120% its value on the secondary market. There is simply no other investment that can offer similar prospects.
Beverly Hills, CA (PRWEB) January 11, 2016
A study conducted by Baghunter has concluded that investors should turn their attention to safer and more predictable investments in 2016, such as Hermes Birkin handbags, rather than traditional investments such as global stock markets and commodities such as gold. The study took into account historical data from the last 35 years along with current economic factors to highlight the risks of each investment type and found that Hermes Birkin bags have been the most consistently reliable investment since their introduction in 1980.
“The first aim of our study was to find out which form of investment had been the most reliable over the last 35 years”, said Baghunter CEO, Evelyn Fox, “And the Hermes Birkin bag was the only investment which hadn’t experienced negative growth at some point during this period.”
Other factors considered in the study demonstrated global volatility and unpredictability in most markets going into 2016, with one of the few markets remaining unaffected being the luxury goods industry. Even with global financial uncertainty, the luxury goods industry, and specifically Hermes Birkin bags, enjoyed a prosperous 2015 with records tumbling for the most expensive bag ever sold at auction in June when a Barbie-Pink Crocodile Skin Birkin featuring diamond-encrusted hardware went for $222,000 and in December, Baghunter announced the record sale of a Bi-Color Porosus Crocodile Special Oder for almost $100,000.
“Despite warning signs globally for many of the traditional investment markets towards the end of 2015”, said Evelyn, “The luxury bag industry has remained as strong as ever, experiencing continued growth, with demand at an all-time high”
A bright future for Birkin investors is highly likely based not only on historical figures which show the bag’s value has increased by 500% since 1980, but also current trends. Celebrities such as Kim Kardashian and Victoria Beckham have made the bags a status symbol for women worldwide. Hermes’ long and often exclusive waiting lists along with the low number of new bags produced every year have led to women seeking pre-owned Birkins, creating a profitable secondary market where pre-owned Birkins are selling at a higher value than brand new ones.
“An investor who manages to get their hands on a brand new or pristine condition Birkin can sell it almost immediately for a profit of up to 120% its value on the secondary market”, said Evelyn, “There is simply no other investment that can offer similar prospects.”
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.