Diamonds are no longer a girl’s best friend. According to research conducted by Baghunter, Hermes will replace diamonds as the most desired luxury item among women. “In the last 30 years diamond prices have seen their ups and downs,” Baghunter CEO, Evelyn Fox, said. “As have gold, silver, stock markets, real estate and just about any investment with the exception of Hermes bags and, in particular, the Birkin and Kelly which have seen their values increase five-fold over the last 30 years!”
The value increase can be attributed to a myriad of factors. They continue to rise in popularity thanks to celebrities like Kim Kardashian. They’re a sound investment piece because they are repairable for life and come with a lifetime warranty. And demand far outweighs supply since just a limited number are handcrafted yearly. Baghunter reports that an “Hermes Birkin bag recently consigned by Baghunter was purchased in 1980 for $2,000 and is now worth more than $10,000. In 2025, it is projected that the same bag will exceed a value of $20,000.”
[ Watch: Photographer Tyler Shields Feeds a $100,000 Birkin to a Crocodile ]
Fox predicts that their value will continue to rise. “The average Hermes Birkin bag is worth five times more today than it was 35 years ago and the trend is expected to continue,” she said. “Based on historical data it is estimated that in the next 35 years, some Hermes bags will increase in value by up to 10 times more than today’s market prices.”
Tell our future fiancees to propose with an Hermes bag.
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