Which Luxury Designer Bags Guaranteed To Have Increase Resale Value?
Do you want to put money into something much more exciting than stocks or gold? What about investing in designer bags? Bags might not seem like the most obvious option, but they can radically increase in value over a few decades. Some designer bags have become classic icons and will never go out of style. Should you know which ones to purchase, you will be earning money in style. Check out our specialists tips on which bags could be rewarding investments.
Goyard St. Louis Tote
The St. Louis Tote is a bit secret investment, which you might not consider immediately. Nonetheless, it’s absolutely a must buy, because the bags have an exceptional place on the market. Goyard might not be as well known as other brands out there, but they have a very stable fan base and there are always people looking for one of these bags on the resale market. You can make 1.3 times the retail price by renting a St. Louis.
Louis Vuitton Neverfull Tote
The Neverfull Tote by Louis Vuitton is a recognisable announcement piece which just celebrated its 10-year anniversary. The bag does not come only in the ever popular brownish color and LV monograms, but many different editions are published, even in cooperation with famous artists such as Jeff Koons. The tote will generally retain 85 percent of the retail price, but a rare limited edition can double in cost.
Chanel Boy Bag
This Chanel bag is relatively new; it was only introduced 6 decades ago. Since Chanel increases its prices nearly 3 times a year, they will become increasingly more expensive, and resale prices will follow, which means you should not wait too long in the event that you would like to obtain a piece. The elegantly designed boy handbag cannot be missed in your wardrobe.
The Chanel Classic Flap Bag
The Chanel classic flap bag premiered in 1955 using a brand-new feature that would change trend history forever. Since it had been the first time that it had been acceptable for high elite girls to carry a bag in their own shoulders, the bag came with a shoulder strap. You may anticipate a 200% return on the retail price, depending on the leather along with the hardware. The gorgeous little item is a stable investment for sure.
The Hermès Birkin Bag
The level of scarcity makes them collectors’ pieces the moment they are released. It’s by far the hottest handbag right now, both on the retail and the resale marketplace. The value of this Birkin is increasing by 14.2 per cent every year. It’s certainly a better investment than gold! The black Birkin bag with gold hardware is known as the ‘holy grail’ of designer bags for a reason.
While purchasing designer bags, don’t forget to choose for a timeless style that’s already proven itself. Famous luxury brands like Chanel and Louis Vuitton and even lesser known brands such as Goyard can do everything to keep their bags exclusive, which is why the demand will remain high. These models are generally a stable investment, and will surely be show-stopping bits in your arm as well. Pay a visit to our Exclusive Bags auction to find your perfect accessory and start investing now! Or when you have already invested in these classic treasures, you are able to offer this up for auction and cash in on your investment. It’s simple and free to be a vendor, so why not give it a go?