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Birkin bag. An open, pink, Hermès Birkin bag [1] The Birkin bag (or simply Birkin) is a tote bag introduced in 1984 by French luxury goods maker Hermès. [2] Birkin bags are handmade from leather and are named after the English-French actress and singer Jane Birkin. [3]
In 2016, a study by the online marketplace Baghunted found that the value of Birkin bags had grown faster than both the S&P500 and the price of gold, with a return on investment of more than 500% ...
Another popular bag from the Hermès house is the evelyne, a comparatively affordable saddle style bag meant to be worn cross body with a traditionally fabric strap. The evelyne is available in 4 different sizes: the TPM (16 cm), PM (29 cm), GM (33 cm)and TGM (40 cm) and is generally made in relaxed leathers like clemence. [ 47 ]
Thanks to its exclusivity and its status as an investment piece, a Birkin bag’s value is much higher than its sticker price of around $12,000. Birkin bags can double in value in 5 years.
$12,000 will get you just about any handbag you want—except for a Birkin. Though that’s the average sticker price of the iconic handbag, cash is just one piece of the puzzle.
In June 2015, a Christie's handbag sale in Hong Kong saw a pink crocodile skin Hermès Birkin bag made only in 2014, sell for a then world record £146,000. [28] In May 2017, Christie's Hong Kong sold a white crocodile skin Hermès Birkin bag with 10.23 carats of diamonds for a world record HK$2.9 million (£293,000). [27]
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