Are Birkin bags expensive? Where’s the worth of the Hermes bag? | JEWEL CAFÉ Malaysia

Date published: December 7, 2020

Are Birkin bags expensive? Where’s the worth of the Hermes bag? | JEWEL CAFÉ Malaysia

Hermes is one of the few premium high-end brands in the world. Among its different series of bags, the most common one is “Birkin Bag” The Birkin bag is like a Hermès sign, and many people always say, “I will buy a Birkin bag someday…” So this time, we’re going to present the styles and values of the Birkin bags in detail.

A glimpse of the charm of Birkin bags from the history of Hermes

Hermès was founded to produce high-end harnesses in 1937. The Birkin bag was launched in 1984 and today it has become the iconic icon of the Hermès brand. Counting the past of the Hermès brand, the Birkin bag is a relatively young collection of items. The name of the Birkin bag comes from the globally known actress “Jane Birkin”, and the birth opportunity comes from her as well.

At the moment, Jean-Louis Dumas, President of Hermes, met Jean-Louis Dumas, who was on the plane next to him. Birkin, when he saw Jane carrying a basket, and the basket was almost full, Du Mai said, “I want to give you a bag so that you can put everything you want in it.” This is the moment Birkin’s bag came out of here. We know from this short storey that in addition to the elegant nature of Hermès, the Birkin bag has adequate storage space. It is ideal for everyday use and is highly durable. Birkin bags designed on the premise of practicality are also one of the charms of daily versatility.

Among the different sizes of the Birkin bags, the exquisite Birkin 25 and the standard Birkin 35 are the most likely options. The range of materials and the rich selection is the eye-catching element of these two sizes.

Birkin’s bags are the favourites of many international celebrities, such as the English football star’s wife, Victoria Beckham, who is also an artist and singer, and the well-known actress Miranda Kerr, Jennifer Lopez are well known lovers of birkin bags.

Why is the price of Birkin bags still rising?

Branded brands will change the prices of their products on a regular basis, and Hermes is of course no exception. While domestic luxury goods prices in Japan will be influenced by factors such as exchange rates, they are essentially on the rise. It can therefore be expected that prices will continue to rise in the short term.

Below are various classic sizes of Birkin

Package type:

Various styles of Birkin 25: Togo, Veau Epsom, Taurillon Clemence, Swift, Ostrich, Lizard, Alligator (Crocodile skin), Crocodile Niloticus, Crocodile Porosus

The same size varies by type (material). From the basic Ostrich to Alligator (crocodile leather) or Crocodile (Nile crocodile leather) series, there is a significant price difference due to the scarce quantity.

Even if it’s a pricey Birkin bag, it’s not easy to buy with cash. It is almost difficult for average people to purchase Birkin bags in normal stores at a fixed price. As a result, you can only buy from specialist stores that purchase and sell from Hermès stores abroad. However, sales would certainly incur extra costs, so the price of most of the Birkin bags will be much higher than the nett price.

And the price of Birkin bags, particularly in the past 20 years, has been adjusted every year. Take Ostrich as an example. It had already surpassed the price at that point, relative to 2000. If at this pace, the price change continues to rise, it will double again in 10 or 20 years. It is expected to become increasingly difficult to purchase, coupled with the scarcity of crocodile skins used in the Alligator and Crocodile collection. It is therefore possible that the price of this sort of Birkin bag in the future will rise sharply.

Birkin bags are “assets worn on the body”

Hermes’ Birkin bags may also be called assets. As demand for Birkin bags now exceeds supply and the transaction price in the second-hand market exceeds the original price, many people buy Birkin bags as investment targets.

For example, even if it’s a Birkin bag that was bought 20 years ago, it can now be traded at a very good price in a second-hand store. The package of 20 years ago can now be sold at a price higher than the original purchasing price, which demonstrates how high the value of the properties of the Birkin product is. Nowadays the demand of Birkin bags continues to grow, so there is always a possibility to sell them at a higher price in the future.

Epilogue

Hermès Birkin’s bag is desirable and has a high asset value. Prices have risen rapidly in the last 20 years and will continue to be aggressive in the future. On the basis of these, the Birkin bag is worth buying!

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