Why a $223,000 Hermes Birkin bag might actually be a good investment
Geege Schuman stashed this in Luxury
To save this post, select a stash from drop-down menu or type in a new one:
It's about scarcity of an in-demand status item:
Because of the slow manufacturing process and difficult task of procuring the best textiles, only a limited number of Birkins are made each year, adding to the exclusivity that can drive up prices, particularly those in the resale market. Rare colors, hardware in precious metals or personalized touches can also add to the high price tag of the Birkin.