The idea of a handbag being an investment piece is one of the strangest statements ever made in the modern day and age. These luxury pieces are made to be used and enjoyed.
According to the Wall Street Journal, the waitlist for a Birkin has been shorter than what it used to be. The people aren’t buying as much as they used to. Some claim that the luxury fatigue has reached the cream of the crop.
An analyst concluded that falling secondhand Hermes bag prices signal shorter waitlists at Hermes boutiques. Once notorious for exclusivity, the brand’s supply now appears to exceed demand.
Birkin Bag Prices Dropping
A YouTuber shared her experience selling a Birkin bag, claiming that eBay flagged her listing as being priced 40% higher than comparable ones.
She explained that her asking price reflected what she originally paid, noting that Birkins are typically resold at their purchase value rather than discounted.
The commenters in her video say that an investment is if something is bought cheap and then sold for a higher price. If it was purchased at an already high price, it is no longer an investment because of situations like this.
Others state that the “investment” part of buying a bag is thought by many to justify the purchase of an expensive piece of leather parts being stitched together.
There’s nothing wrong with wanting an expensive handbag — fashion is often about self‑expression and enjoyment. But it’s important to understand that these accessories are not the same as actual investments.
Unlike stocks, property, or other assets that can appreciate in value or generate returns, luxury handbags are primarily consumer goods. While some rare pieces may hold or increase in resale value, most (including Birkins) depreciate over time.
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