5 luxury bags with the best investment value over time: start your collection with the classic Louis Vuitton Neverfull or Chanel Flap Bag, Hermès’ exclusive Birkin and Kelly, or Telfar’s Shopping Bag
- Trendy bags like the Dior Saddle may come and go, but the value of the timeless Chanel Flap Bag and LV Neverfull continue to increase year on year, while Hermès and Telfar are driven by scarcity
- An Hermès’ Himalaya Birkin sold for almost half a million, the Kelly 25 Retourne Matte Gator has gone up by 16 per cent, and you can expect nearly double what you paid for Telfar’s vegan leather bag
Even if stored in perfect condition, it’s difficult to determine how much an item will be worth in the years that follow.
According to Thomas Kralow, founder of online learning platform for traders and investors University Grade Trading Education, the stock market has grown by 10 per cent in the last 10 years, and gold has soared by 21 per cent. But a Chanel bag? By 100 per cent.
1. Chanel Flap Bag
16 per cent value increase since 2022
On the other hand, a timeless staple like the Chanel Flap Bag will never fail you. It simply never goes out of style. According to Sotheby’s, the bag is 10 times more expensive now than it was in the 1990s. In fact, the value of a Chanel Flap Bag has increased by 50 per cent between 2020 to 2022, per Fashionista, and then went up another 16 per cent since last year, states Sotheby’s.
2. Hermès Birkin
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