Why is Birkins so expensive, costing anywhere from approximately $12,000 to $200,000 for a replacement one today?
the corporate says the high prices stem from Birkins’ impeccable, attention to detail and unmatchable craftsmanship.
We’ll add their style also as their relative scarcity. The latter is possibly somewhat an illusion created by smart marketing, and therefore the status some people confer on those with pricey possessions.
Also, Birkins often have a robust resale value, making them a worthwhile investment for a few.
Bagging a Birkin isn’t easy, with a roll rumored to possess hit six years within the past. The role may be another effective marketing ploy. Though, “urban legends” exist of individuals walking into a store, paying, and leaving with a Birkin, right then and there.
However long or short the wait, Birkin’s patience could also be a virtue. An Hermès bag will arrive, with its trademark painstakingly done saddle stitching. a continuing since the late 1800s when Thierry Hermes and his sons added saddle-making to their harness-making business.
All of which ends up within the Birkin is one among the foremost expensive bags within the world.
The original makers could also be gone, but lately not just anyone can make a Hermes Birkin. Several years of coaching are required to realize their high standards:
Birkins are color-dyed with equivalent master craftsmanship with which they’re saddle-stitched.
nearly always double-handled, Birkins are available high-grade leathers: lizard, ostrich, and crocodile with goat-skin lining. Each bag features a lock and keys.
Hardware is plated with precious metals: gold or palladium. For those with flashier taste and a better net worth, diamonds are available.
The resale value of Birkin handbags
A lively market exists for pre-owned Birkins. Even they will cost quite your usual brand-new purse, car, or college degree, or two of every. A recent online search turned up second-hand Birkins for $14,821, $46,500, and $72,500. One for just over $7,000 could be considered a pre-owned Birkin bargain.
The booming resale market means a Birkin bag could also be a wise investment also as a prized possession. Between 1981 and 2016, Birkins’ resale value had gone up 500%, And their value was expected to double subsequent 10 years.
costliest Birkin handbags
A mysterious phone bidder somewhere now could also be carrying a diamond-encrusted crocodile-skin Birkin bag. This was purchased during a Christie’s auction in 2015.
The price paid? $221,844. Then came another Christie’s auction in 2017, where a “Himalayan” Birkin bag sold for $379,261. you would possibly think these were the very best prices ever purchased Hermès Birkin bags; not so.
Because back in 2008 the Ginza Tanaka Birkin had burst into the spotlight. Adorned with over 2,000 diamonds, this Birkin gem had a diamond snap you’ll remove. this might then be worn as a necklace and bracelet. otherwise, you could wear its pear-shaped center diamond as a brooch.
The price for this edition Birkin? $1,400,000! This one was topped by 2012’s very edition Sack Bijou Birkin. Hermès produced only three, and that they were priced at $1,900,000 each.