Timeless Treasures: 6 Handbags with the Highest Resale Value

Luxury fashion aficionados, rejoice! The world of opulence is brimming with treasures like handbags, jewellery, and watches. Over time, their value has soared, enticing investors to explore their potential. To put this into perspective, let's consider the classic Chanel bag, whose price has surged by a staggering 100% in the past decade. Astonishingly, its growth has outperformed both the stock market and gold, showing no signs of slowing down. In this blog, we will meticulously handpick the crème de la crème of luxury handbags, those with the highest resale value, to assist you in your investment endeavours.

The Hermès Birkin

The Hermès Birkin bag epitomizes unparalleled craftsmanship and exclusive luxury. Its exceptional quality and rare materials make it a true status symbol. Coveted worldwide, it's scarcity and exorbitant price tag perfectly reflect its extraordinary status as a symbol of sophistication and affluence. The resale value of a Hermès Birkin bag varies depending on the model, materials, condition, and rarity. However, they are renowned for retaining, and often exceeding, their original retail value on the resale market. In 2020, the Hermès Birkin bag boasted an impressive average return of 38%—the highest among all luxury bag collectables—and these prices continue to rise each year. With a retail value of approximately £10,000, they can be resold for double or even more. After perusing various fashion blogs, it seems that bags made with Alligator leather hold the greatest resale value.

Hermès Kelly

The Kelly bag, much like its counterpart, the Birkin, exudes upscale luxury and status. With its smaller design, the Kelly is described as a chic everyday bag. A timeless piece, its value will perpetually appreciate in the years to come. Hermès increases the retail price of their new bags by approximately 5% each year. As the price of new bags escalates, so does the value of older versions. If you can keep the bag in pristine condition, you are almost guaranteed to turn a profit. Once again, the resale value varies depending on the bag, but the Hermès Kelly consistently increases in value. One design that experiences a particular surge in worth is the Kelly 25, especially when crafted with alligator leather.

Chanel Classic Flap Bag

The Chanel Classic Flap is an iconic luxury handbag renowned for its signature quilted leather, interlocking 'CC' logo, and chain strap. This everlasting design perfectly blends elegance, vintage allure, and sophistication. Ever since Coco Chanel created this masterpiece in the 20th century, it has been a coveted accessory. In the last five years alone, the bag has nearly doubled in price. Furthermore, Chanel recently raised bag prices again in March 2023, with the Chanel Classic Flap seeing a 16% increase. Industry experts predict further increments in the years to come

Chanel Boy Bag

The Chanel Boy Bag is a contemporary classic known for its structured silhouette, bold, chunky chain, and rectangular 'CC' push-lock closure. With its edgy aesthetics and robust design, this handbag offers a refreshing, modern twist on Chanel's traditional elegance. In terms of value, the Chanel Boy Bag follows Chanel's price adjustments. As a result, it tends to be a sound investment, with its value increasing over time (subject to condition). The timeless design ensures the handbag remains perpetually on-trend.

Goyard Bag

Most Popular: Belvedere Bag or Croisiere Duffle
Goyard bags exude exclusivity and sophistication. Known for their unique and sophisticated designs, they are a favourite among fashion enthusiasts, including prominent celebrities. Goyard produces a limited number of bags each year and does not sell them in department stores, further enhancing the brand's reputation and ensuring each bag remains exclusive and rare. This scarcity increases their value and appeal to luxury buyers, making them a desirable choice for investors. Like other designer brands, Goyard consistently raises its prices. Interestingly, since 2022, all colourways retail for the same price, and the colour does not affect the resale value. For instance, the Saint Louis tote bag maintained a resale value of 111% due to the retail price increase. It's worth noting that Goyard bags are relatively more affordable in Europe.

Louis Vuitton Neverfull

Although not as expensive as some of the other bags on this list, the Louis Vuitton Neverfull remains highly sought-after and retains its value exceptionally well. Introduced in 2007, the classic LV monogram patterns in various designs and colour-ways are the most recogniable and desired by buyers. Despite its popularity, Louis Vuitton has deliberately limited or even discontinued the production of many of its monogram items. Consequently, prices for these items have more than doubled in the last ten years, further fuelled by limited retail availability

Indulge in the world of luxury handbags, where timeless treasures await. Choose wisely, and your investment will undoubtedly appreciate, elevating your style and financial portfolio simultaneously.

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Timeless Treasures: 6 Handbags with the Highest Resale Value