Handbags were the hottest investment for the rich last year

  • 📰 CNBC
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Let's get this bag: Experts predict that handbags will be the best collectible investment in the near future.

Handbags were the number one collectible investment in 2019, beating out art, stamps and rare whisky, among other categories, according to a new report.

Knight Frank said that while the handbag market – which has exploded at auction and online sales – is being driven by a variety of brands, the Hermes Birkin dominates the high-end of the market. Birkin bags increased 13% in value in 2019, according to the report. The most expensive handbag ever sold was a white Himalaya crocodile diamond Birkin, auctioned by Christie's in 2017 for $379,261. The Himalaya Birkin, considered the Holy Grail of handbags, is crafted from Nile Crocodile hide and treated with a special dye process that turns it a special white that fades to a smoky grey. It's unknown how many Himalayan Birkins Hermes has ever produced, but their numbers are small, experts say.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How you have this dope on at 4PM is beyond belief.

Count me in! I'm excited to see what the future has in store for handbag investments.

Shop luxuryinreach on IG all authentic luxury handbags I got a few for my wife from there excellent service and prices to start that collection

Long overdue.

bagholder

Physical goods? No thanks.

I'll buy a Birkin way faster than I'll buy any of Cramers picks.

I need you to know........; me A hotter than hotter.......; Shannon

I missed her today; me Ok; Shannon

Kyllä se näin on. Hermés’n Birkin on klassikko joista saa käytettyinä maksaa maltaita. Chanelin uudet veskat nousevat vuosi vuodelta. Käytetyillä luxusmerkkilaukuilla laajat markkinat ja uusia laukkuja jonotetaan liikkeiden edessä ympäri maailman.

Inderect masssge there. They are telling you to bag your stock where possible if you can. Do your own DD and stay risk free…

Translation: fire-sale / liquidation on handbags imminent

I will buy only NIO bag 👊 Oups and NIO ET5 o my and $NIO stock 👊

Maybe RichardHeartWin was on to something with his bags.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines