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

Date Updated: May 8, 2023

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


women

I want to own a Hermes.


women

You should as Hermes is good for investment.


women

But why is it so expensive?


women

Please read to find out.


Hermes is one of the world’s few elite high-end brands. The “Birkin Bag” is the most popular of its several bag series. The Birkin bag is a Hermès symbol, and many individuals remark, “I will buy a Birkin bag someday…” So, this time, we’ll look over the types and prices of Birkin bags in depth.

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

Hermès was formed in 1937 to manufacture high-end harnesses. The Birkin bag was introduced in 1984 and has since become an iconic symbol of the Hermès company. In terms of the Hermès brand’s history, the Birkin bag is a relatively new addition to the inventory. The Birkin bag gets its name from the well-known actress “Jane Birkin,” and the birth opportunity originates from her as well.

At the time, Jean-Louis Dumas, President of Hermes, met Jean-Louis Dumas, who was sitting next to him on the plane. When Birkin noticed Jane carrying a basket that was nearly full, Du Mai replied, “I want to give you a bag so you can put everything you want in it.” This is when Birkin’s bag emerged from the room. We can tell from this brief description that, in addition to its attractive appearance, the Birkin bag has ample storage space. It is perfect for everyday usage and is extremely long-lasting. Birkin bags with a utilitarian design are also one of the pleasures of everyday adaptability.

The exquisite Birkin 25 and the regular Birkin 35 are the most likely alternatives among the many sizes of Birkin bags. The eye-catching feature of these two sizes is the variety of materials and the wide selection. Many international celebrities, like 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 fans of Birkin bags.

Why is the price of Birkin bags still rising?

Branded brands, including Hermes, will adjust the prices of their items on a regular basis. While factors such as exchange rates will influence domestic luxury goods costs in Japan, they are largely on the rise. As a result, prices are likely to climb further in the immediate future.

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 high-priced Birkin bag, it’s difficult to purchase with cash. Ordinary people have a difficult time finding Birkin bags at a fixed price in regular stores. As a result, you may only buy from specialist stores that buy and sell from Hermès boutiques in other countries. However, because sales would almost probably incur additional expenditures, the price of most Birkin bags would be far more than the net price.

And, for the past 20 years, the price of Birkin bags has been modified annually. As an example, consider the ostrich. It has already surpassed the price at that time, in comparison to 2000. If the price shift continues at this rate, it will double again in 10 or 20 years. With the shortage of crocodile skins used in the Alligator and Crocodile collection, it is likely to become increasingly difficult to get. As a result, it is probable that the price of this type of Birkin bag will skyrocket in the future.

Birkin bags are “assets worn on the body”

Hermes’ Birkin bags are commonly identified as assets. Many people acquire Birkin bags as investment goals since demand now exceeds supply and the transaction price in the second-hand market exceeds the initial price. For example, a Birkin bag purchased 20 years ago can now be traded at a second-hand store for a very good price. The package from 20 years ago can now be sold for more than the initial purchase price, demonstrating the tremendous worth of the Birkin product’s attributes. Birkin bags are currently in high demand, so there is always the chance of selling them at a higher price in the future.

Epilogue

Hermès Birkin’s bag has received much attention and gain 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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