In a recent study of three popular forms of investments, the exclusive Hermès Birkin bag beat out gold and the S&P 500 stock.
The latter was chosen as it represents the overall return characteristics of the stock market as a whole. Gold, meanwhile, is considered the most popular commodity for investors and Birkin bags are a collectible and tangible investment.
You may remember it from Sex and The City.
“It’s not a bag, it’s a Birkin,” the Samantha character was told before being informed about a five-year wait list for the coveted purse.
“The waiting list implemented by Hermès for a Birkin bag, sometimes as long as six years, has also contributed to driving the resale value of Birkin bags upwards with bags regularly selling on the secondary market for more than their original price,” said the findings from Bag Hunter.
People have gotten creative in the past to get their hands on the status symbol. A couple of customers admitted they just kept buying things at Hermès until a salesperson deemed them “worthy” enough to own the bag.
There’s even a book called “Bringing Home the Birkin: My Life in Hot Pursuit of the World’s Most Coveted Handbag” that was published in 2009.
Of course, getting one is no problem for celebrities who are regularly seen flaunting their Birkins.
Kanye West even encouraged his daughter to paint on one as a present for wife Kim Kardashian.
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