L-R: Kim Kardashian and Shilpa Shetty with their Birkin bags
Ladies, there is some good news for you. If you have been eyeing the Birkin bag by Hermes there is one more reason to buy it! Forget gold or stocks, the iconic Birkin bag is the best and the most secure investment.
A research by Baghunter (a website dedicated to online luxury retail) found that since 1980, gold has depreciated in value at a rate of 1.5% a year, while the Birkin bag went up by 14.2%, making the fashion accessory “the safest and least volatile investment.” The value of Birkin has increased by 500% in the last 35 years. So if you invest in one, it is a win-win situation.
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Victoria Beckham flaunting her Birkin bag. She has the biggest collection of Birkins in the world
The iconic luxury bag was created by Hermes and the first bag was released in 1985. The bag is named after Hollywood actress Jane Birkin. Once on a flight with Jean-Louis Dumas, owner of Hermes, Jane complained of not having a perfect ‘weekend bag’ thus the Birkin bag was created. Believe it or not, it still has a waiting list of six years! and it's price can range between Rs 7 lakh to Rs 95 lakh.