A recent study published by Baghunter concludes that Birkin bags are a better investment than gold or the stock market. Researchers showed that in the Birkin’s 35 year history, the value of the bag has increased by more than 500 percent, with an annual increase of 14.2 percent. That’s a better rate of return than the S&P 500, which averaged at 11.66 percent, or gold, which averaged at just 1.6 percent each year. The Hermès accessory has managed to maintain its value throughout recessions and economic downturns due in no small part its exclusivity: last year a Birkin was sold for a record-breaking price of $222,000. The waiting list can be years long, and you have to be close with someone in-the-know just to get on that list. The luxury resale market for Birkins is at all all-time high, proving that just because you can afford a Birkin doesn’t mean you can easily get your hands on one. Unlike gold or the stock market that can rise or fall over the course of the year, Birkin bags have never depreciated in value. Baghunter estimates that in the next 10 years the bag will double in value. This would probably be the most fashion-friendly part of your investment portfolio.
