marensajaue
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For some, a purse is more than an accessory it’s an investment. According to Data Bridge, a global market research firm, the luxury handbag market is on an upswing, with its value projected to reach $42 billion by 2029. Meanwhile, international financial consulting company Credit Suisse estimates that high end handbags are one of the best investments of 2023, beating out both art and jewelry.
High fashion labels are increasingly catering to collectors, releasing their most prized purses in extremely limited numbers. These one-of-a-kind pieces can fetch hundreds of thousands at auction, with crocodile finishes and diamond embellishments upping the ante.
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The Ombré Birkin was introduced in 2019. Crafted from ultra-rare Varanus salvator lizard skin, the bag comes adorned with palladium hardware and is lined with Parchemin chevre leather. While its retail price is between $40,000 and $80,000, the Ombré Birkin is worth almost double at auction. In 2020, Sotheby’s sold this purse for $137,500.
High fashion labels are increasingly catering to collectors, releasing their most prized purses in extremely limited numbers. These one-of-a-kind pieces can fetch hundreds of thousands at auction, with crocodile finishes and diamond embellishments upping the ante.
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The Ombré Birkin was introduced in 2019. Crafted from ultra-rare Varanus salvator lizard skin, the bag comes adorned with palladium hardware and is lined with Parchemin chevre leather. While its retail price is between $40,000 and $80,000, the Ombré Birkin is worth almost double at auction. In 2020, Sotheby’s sold this purse for $137,500.
