Do Hermes Bags Go Up in Value?

Yes! Hermes bags definitely go up in value! During the 35 year period, Collecting Luxury has found that Hermes Birkin bags have increased in value year over year. The Hermes Birkin handbag has an average annual value increase of 14.2% however it is actually going up and up. Unlike the S&P 500 and gold, the value of a Hermes Birkin bag has never decreased and has steadily and consistently increased in value.

As shortages plus supply/demand, these Hermes bags will only be going up further in price now as competitors such as Chanel has increased their prices in order to compete with the Hermes customer. The only flaw with Chanel doing that is…..Chanel bags are not 100% hand made like Hermes bags are. The craftsmanship that goes into a Hermes bag is unprecedented to other competitors, and they know it.

Do you collect Hermes Birkins more than you invest in the stock market or in gold?? COMMENT BELOW!