It may not seem wise to spend your hard-earned pennies on a handbag, but research shows that cashing out on the right designer handbag could be the smartest investment you ever make.
If you’re wanting to purchase a designer bag, it can be tricky to know which is worth the investment, as only some will increase in value over time. Luckily, online antique marketplace loveantiques.com have compiled a list of the 15 most investible handbags on the market, based on authenticity, condition, popularity and valuation, to help prospective buyers make the right decision.
The list of the top 15 most investible handbags is as follows:
Hermes Himalayan Crocodile Birkin bag, £293,912
Louis Vuitton Urban satchel, £116,225
Louis Vuitton Kusama Pumpkin Minaudiere Jewel Bag, £103,363
Lana Marks Cleopatra clutch £100,000
Louis Vuitton Tribute Patchwork bag, £38,753
Fendi Selleria bag, £29,443
Gadino Bag by Hilde Palladino bag, £29,814
Marc Jacobs Carolyn bag, £29,449
Chanel Timeless bag, £5,000
Chanel 2.55 bag, £3,322
Chanel Boy bag, £3,332
Celine luggage bag £2,500
Celine Belt bag, £2,363
Celine Trapeze bag, £2,100
Givenchy Nightingale bag, £1,650
Hermes Himalayan Crocodile Birkin bag. Image: Pinterest
The popularity of designer bags has skyrocketed and they are now considered collector’s items, meaning their worth and rate of growth outperforms that of housing prices.
The value of an iconic Coco Chanel handbag, for example, has increased tenfold since it was launched. In 1955 you would have paid approximately £154 for the Chanel 2.55 bag, but now you would have to fork out well over £3,000.
According to handbag expert and collector, Anneith Woollery, Birkin bags are the most investible. ‘Birkin bags have never experience a devaluation, they’re actually a more sound investment than a house.’
Seeing as housing prices are a sore subject right now, and many of us are struggling to even get on a housing ladder, investing your money on a designer handbag isn’t as frivolous as it may seem, but actually very sensible.