Did You Know That You Can Make a Fortune Selling These Handbags?
Unfortunately, for so many women, putting themselves first feels like a luxury they can’t afford. They have to manage a lot of responsibilities, such as family, friends, work, friends, and even community obligations. So, when it comes to spending money, they never put their own needs first, and always prefer to prioritize practical expenses. The groceries, bills, and kids’ school supplies are always more important than their passions or needs. For most American women, investing in a luxury handbag can feel like a waste of money.
To feel better, women talk themselves out of it, convincing themselves that it’s not worth the expense or that they don’t deserve something so extravagant. But… the truth is that some fashion items are much more than just trendy pieces, they’re all about value and self-worth. A well-made designer bag becomes more and more valuable as years pass by, making it a great investment for women, no matter their age.
Allowing yourself to purchase such a handbag, as a woman, it’s a great reminder that you are worth more than just the everyday grind. Your passions matter and you should always invest in the way you look. Your appearance and your feminism don’t have to fade, just because you’ve got other responsibilities to handle. Put yourself first and become the woman of your dreams. If you purchase designer bags before the prices go crazy, in just a few years, you can offer yourself financial freedom.
Women’s love for handbags runs deep
As we all know, handbags are more than just accessories, they are symbols of style, and can tell a story. No matter the look you opt for at the event you are attending, a beautiful handbag will always complete your outfit, offering you an amazing final look. But what if we tell you that bags are also investments? So, you can easily combine fashion with financial acumen, especially when it comes to handbags with high resale value.
You can purchase a beautiful piece, love it, and wear it a couple of times, then, resale it for an amazing value and satisfy yourself with a new one. Who wouldn’t love that? And the best part is that most of the time, you’ll still save some cash, even though you choose to invest in a new one.
On the other hand, the right bag can transcend time, making it a valuable part of any wardrobe. So, even if you don’t need that extra cash, investing in an iconic and durable fashion item is a smart choice.
Continue reading and see how handbags can be both stunning and smart additions to your wardrobe!
6 Designer handbags known for high resale prices
1. Chanel Classic Flap Bag
The Classic Flap bag was designed by Coco Chanel herself who was an incredible fashion icon. The accessory continues to captivate the fashion world, being known for its quilted leather, chain-link strap, and timeless silhouette, being a sample in both vintage and contemporary markets.
This model continues to raise its retail prices annually.
2. Hermès Birkin Bag
We can’t talk about handbags with high resale value without mentioning the Hermès Birkin bag. It’s considered a top-performing asset in the resale market and the limited availability makes each bag a masterpiece.
You should know that some editions of Birkin have sold for hundreds of thousands of dollars in the secondary market.
3. Chanel 22 Bag
This is a relatively new addition to the Chanel lineup, gaining popularity for its chic design. It is crafted with the brand’s signature quality and luxurious materials, providing a solid contender in the resale market.
4. Dior Saddle Bag
This bag was originally popular in the 2000s because of its unique silhouette. The good news is that vintage Saddle Bags have seen a resurgence in popularity, and is not only a nod to fashion history but also a sound investment for the future.
5. Louis Vuitton Neverfull
The Louis Vuitton Neverfull is a beloved bag, known for its practicality and iconic monogram or Damier canvas. And even though it’s one of the more accessible luxury bags, the limited-editions versions or collaborations significantly boost its resale value.
6. Fendi Baguette
The Fendi Baguette is a real fashion icon and it was introduced in 1997 by Silvia Venturini Fendi. One of the bag’s most appealing features is, definitely, it’s versatility. It comes in a variety of materials, such as leather, canvas, sequins, and even exotic skins. The bag gained huge popularity after it appeared in Sex and the City, where Carry Bradshaw said: “It’s not a bag, it’s a Baguette!”. Basically, it’s a choice that never goes out of fashion.
How to choose a handbag with high resale potential
Choosing the perfect designer bag might seem simple at first, but it’s not! It requires a blend of strategic thinking, an eye for quality, and a little bit of understanding of the luxury fashion market.
A designer handbag is a statement piece and a joy to own, but let’s admit that, the idea of it becoming a valuable asset is even more attractive. So, in order to ensure your investment pays off, you need to follow these tips and tricks:
- Focus on timeless classics
You can’t go wrong as long as you focus on the timeless classics, such as Chanel Classic Flap or Hermès Birkin. They are renowned for their enduring appeal and unmatched resale value. These bags have transcended trends, making them the perfect choice, no matter your style. Unfortunately, their availability is limited, and all the materials they are crafted with make these items very rare, allowing them to command premium prices.
The best advice would be to look for models that will never go out of style! This way, you will secure your investment and make sure you can resale your item for a great value in case you want to.
- Stick with brands that have a reputation for luxury
The brand is a crucial factor. Always choose the biggest and most famous brands, because that’s the only way you can ensure you are not wasting your money. Opt for fashion houses that have a history and a loyal customer base like Louis Vuitton or Chanel.
An important advantage is that bags from these brands are made in limited quantities, so their desirability is significantly increasing over time.
- Pay close attention to materials
The materials play a huge role! High-quality leather, durable stitching, and impeccable detailing are marks of bags that hold their value over time. Some of the most appreciated materials around the world are the exotic leather of crocodiles and alligators. But, don’t worry! Even the standard leather can retain value. The key is how you maintain them.
Also, when you look at a bag’s details, don’t forget that the zippers, clasps, and logo plaques should be sturdy and polished.
- Choose wisely the color and the size
Always opt for neutral colors like black and beige if you want to resale your handbag for a high value. Most of women are not huge fans of unique colors and interesting tones! The most wearable colors will always win against the craziest ones.
- Follow the limited editions
Everyone loves exclusivity! So, if you have the chance to purchase a handbag from an exclusive collection, do it! You won’t regret the purchase and you will most likely receive back more when you resale it.
Before leaving, let us know what you think about this kind of investment. Would you do it? Also, let us know which handbag model is your favorite. In case you are interested in this topic, we’ll definitely come back with more tips and tricks about how designer bags should be stored.
In case you are interested in learning more about handbags that made history, make sure you read this book: The Handbag Book: 400 Designer Bags That Changed Fashion. It was written by Sophie Gachet and it can be a great source of inspiration before purchasing your first designer bag.
Also, check out another related article: 7 Bills You Should Never Pay by Credit Card.
