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Aside from raising prices every few years, the value of a bag is also determined by ... “The resale value of particularly the Birkin and Kelly bags over the past 10 years has outpaced gold ...
In 2020, retail prices start at US$11,400 for a Birkin 25 bag. [9] ... The single-handle handbag is the Kelly, but the Birkin has two handles. Crafting
The Kelly bag requires 18 to 25 hours of handicraft to make, with each item created by a single artisan. [2] [3] [4] By the mid-1990s, a Kelly bag was priced at US$3,500, [2] [3] [4] and as of 2019 prices ranged from US$8,500 to US$13,000, with exotic leathers priced higher. [5]
Thanks to its exclusivity and its status as an investment piece, a Birkin bag’s value is much higher than its sticker price of around $12,000. Birkin bags can double in value in 5 years.
The most expensive Birkin bag to sell publicly to date was at a Sotheby’s auction in 2022, where the “Diamond Himalaya Birkin,” a bag studded with 205 white diamonds, sold for over $450,000 ...
Dubbed the "Birkin for the wirkin' class," Walmart has been in the news for carrying a viral dupe to the iconic Hermès bag that's become a symbol of wealth, power and status among the elites who ...