ARE BIRKIN BAGS A GOOD INVESTMENT? + HOW MUCH MY HERMES BAG COLLECTION IS WORTH? | KNOW THIS FIRST
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- Опубликовано: 11 сен 2024
- ARE BIRKIN BAGS A GOOD INVESTMENT? + HOW MUCH MY HERMES BAG COLLECTION IS WORTH? | KNOW THIS FIRST
Hi Friends, We're often told that Hermes Birking bags are the best luxury investment and they make a better investment than gold, but is that really true? Let's talk about everything you need to know about buying Hermes bags directly from the store and selling them on the pre-loved market. I'm also sharing how much I spent at Hermes on some popular bags, my Hermes pre-spend to get a Mini Kelly, and the real worth of my Hermes handbag collection, or at least a chuck of it.
// Mentioned
⭐️ EXCLUSIVE 7RP DISCOUNT CODE: GPS40
€40 off 1 / €80 off 2 Insert(s)
7rueparadis.co...
⭐️ Kelly Pochette bit.ly/4esKZRS
⭐️ Mini Kelly Epsom Black bit.ly/4eWDWB6
⭐️ Mini Kelly Epsom Gold bit.ly/4eWDWB6
⭐️ Mini Kelly Teddy bit.ly/4bGggy6
⭐️ Birkin 25 Picnic bit.ly/4cNKkIV
⭐️ Birkin 40 bit.ly/4bGgnK2
⭐️ Constance 24 Epsom bit.ly/3Wshvg5
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// Channel Description
Hi, My name is G. Join me as I navigate the world of luxury fashion and attempt to build a consciously curated wardrobe that celebrates uncompromising quality, timeless style, and individuality. I upload new videos every Thursday and Sunday, that hope to demystify exclusive luxury brands, report on the latest launches, and assist in selecting the perfect luxury pieces to spend your hard-earned money on.
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#hermes #hermesbirkin #hermeskelly #hermesconstance #hermesexperience #hermesstore #hermescollection #hermesjourney #hermesgame #hermeshaul #hermesminikelly #hermesbag #hermesbags #luxuryshopping
You are so right on that it's not quite an investment, great video!
I'm so glad you raised these points and de-bunked this hype around them being 'investment' pieces, so tired of this constant false narrative on social media! As you said, when you take pre-spend into account, there's not much of significant "return" for most bags, especially when it's not a MK and you actually use your bag.
You are right, those bags might be useful when you are in financial trouble, but no way as investment.
Im Brazilian, living in São Paulo, even though we are the richest city and country os south and Central America, Hermes always sells below retail in the pre loved market. I just buy things because I love cause otherwise, I never made a penny out a Hermes bag...Greetings from Brazil BTW 🇧🇷
Interesting.. even a brand new b & k?
Hmm I think it's good for people who want a taste of designer that can't afford the designer prices. LV, Gucci etc aren't gonna be short of a penny & it's not like they're missing out in the way that it's snatching custom as the people buying those products if taken away aren't necessarily gonna go buy the designer ones. I'm actually going to go have a look at that *esluxy* now myself.
@@Sk__10 Because we don't have that much of a demand on this type of product overall, I would say that the brand new bag break even both retail and resell marketing, vintage and resell market in Brazil is more of a bargain than a hunt to a treasured bag or item, me, myself never made a penny selling on the resell market...
@@MorrinVital I would say that the Hermes price increase, is more in keeping with the economy taxes hike, otherwise Chanel price increasing is a desperate way to put " value" in the brand and break even with Hermes, but it's incomparable the top notch quality of Hermes, with the Chanel average or even bad quality finishes and stuff...
Thank you ! It’s exactly what I thought. I’m keeping my bags knowing very well that making profits on them would be minimal since they are all used and I would never try to sell them by myself. Moral of the story, buy them because you love them, invest in something else really !
I agree with you as well.
Luxury bags are overpriced , you have to be stupid to pay that amount for bag. nowadays no one can distinguish a original from a *esluxy* so whats the point overpaying for the same product ?
I'd rather get the *esluxy* for $500 us and put $4,500 us in my bank account.
If I had $40,000, I would buy 100 bags on *hotdups* instead of designer luxury items. That money could be a down payment on a house, but it can't just be a package.
Thanks for the video. I always enjoyed hearing you talk about your Hermes Bags and the one you sold!
Great Thom Browne vest! ❤
It would be really nice to see your bags collection 😊
I got my black Togo Birkin 40 for $13,300 before tax in 2020
I’m pretty jealous of your Kelly Lakis offer, do you know if they still produce it
Thank you for making this video, it was very informative! It is indeed more complex than many people, including myself, may assume.
Hahaha I love that sign in the background, and that pretty candle holder - curious what you were burning (is my 'candle addict' showing lol?!) Such a helpful video, I'm awful at knowing the differences and go thrifting a lot, so I'm always nervous to pick up *esluxy* , jackets, so many others things - ugh! You are always so knowledgeable about these luxury brands. You can definitely notice the high quality stitching.
OMG I need that Vest it is SO ME, except I would get medium /dark brown, I would love to know where to find that. Also, I think you are Dutch, love that detail!
I’m new to the luxury bag and slg market but I have experience with purchasing fine watches, jewelry, collectibles, etc and what I have found it’s only worth what someone is willing to purchase the item especially if I’m selling by myself! I have purchased Louis Vuitton items directly from the LV store and I started to look at other brands through the pre loved market and at this point the only Hermes item I want is Epsome Kelly Longue wallet (that you introduced me to in one of your previous videos) and my luxury pre loved sellers are currently in Japan looking for specific items for their customers in addition to other items!
Great video ❤
Thank you for the video!
Personally, I could never buy anything with the intention of selling and making a profit. Just enjoying what I have and love is the biggest profit as far as I am concerned regardless of what it is. It could be a bag, jewelry or car or whatever. That's just me.
Personally I would only buy a bag if I wanted to use it as a bag. Never as an investment. Though it is always good to be able to sell something if needed. Thank you for the video!
My friend scored a Kelly 28 in Togo in Paris. She still believes that it’s worth more than she paid. Unfortunately with the removal of the stickers and first use there went her profits. I’m sending her this video.
I love your style
Definitely an investment in your closet and your ability to use something for a long time is different from the financial investment that grows. Having a luxury lifestyle definitely means just enjoying what you buy, not being strategic on making money from handbags:)
Hey GPS,
I wanted to ask you if you can provide me with your review of Bolide skate 31 bag in your next video.
Is this the collectable item ? Worth the price ? Does it hold its value on resell market ?
Timing is everything as they say. Really interesting!