Is an Hermès Birkin bag a better investment than gold?

Is an Hermès Birkin bag a better investment than gold?

Fashion Financial Highlights

Reports suggesting that Hermès requires shoppers to make purchases across multiple categories before being eligible to buy a coveted Birkin bag have led some luxury experts to speculate that these bags hold more value than gold.

An article in Fortune this week highlighted that the value of a Birkin bag doubles approximately every five years, positioning it as a superior investment compared to gold.

Despite the hefty price tags, which can range from 9,000 dollars to 30,000 dollars, Birkin bags are highly coveted by collectors, fashionistas and celebrities worldwide. The bags’ iconic design, exquisite craftsmanship, and association with luxury contribute to their enduring popularity.