10 luxury investment pieces
Did you know that buying luxury jewelry, clothing ,shoes and etc. can be an investment. Well if you were considering to splurge at least make it an investment piece. The items will include previous retail price and current resale market for the item. Here are the 10 investment luxury pieces:
1. Manolo Blahnik ‘Hangisi pumps’
The Manolo Blahnik ‘Hangisi pump’. Was released in spring of 2008 , and was popularized by Sex in the city character, Carrie Bradshaw. I could not find the the original retail price of 2008, the current price is $995 for the regular and $1300 for the special edition.
The resale price of pre-owned Manolo Blahnik ‘Hangisi pumps’ is between $270 to $935 ( kept in pristine condition, including certificate, receipt and original box)
2. The classic Chanel ‘Flap bag’
Introduced in 1955, designed by the iconic Coco Chanel. Was designed to be a beautiful yet practical bag the could be worn over the shoulder which was a novelty at the time.
During the 1980s the Chanel ‘Flap bag’, retailed for around $1000 and today it retails for over $10,000 (for a new one). The resale value of the Chanel ‘Flap bag’ is:
- Chanel Classic Mini Square Flap Bag- Resales for $3000 to $6005
- Chanel Classic Mini Rectangular Flap Bag- Resales for $ 3000 to $8,685
- Chanel Classic Small Flap Bag- Resales for $2,625 to $11,495
- Chanel Classic Medium Flap Bag- Resales for $2,450 to $11,545
Keep in mind that these prices are subject to change and may vary depending on the specific bag, the bag’s condition, original packing, authentication provided and the resale platform. PS, the quilted pattern in caviar leather and classic colors like, black and beige is preferred.
3. Cartier Love bracelet
This bracelet was designed to be a symbol of romance and love .Cartier Initially prohibited individuals from buying it for themselves without their spouse.
The original price of the bracelet when the designer, Aldo Cipullo released it was $250 and now retails for over $7350 depending on the version.
The resale price for the Cartier love bracelet can vary depending on factors such as the condition, material, rarity and the original box, resale platform and authentication certificates.
- 18k yellow gold LOVE bracelet: $3500-$5500
- 18k white gold LOVE bracelet : $3000- $5000
- 18k rose gold LOVE bracelet $3200- $5200
- stainless steel LOVE bracelet: $1500- $3000
4. Hermes Birken
The Birkin bag was designed in 1984 after the CEO of Hermes at the time met Jane Birkin (actress and singer), where she expressed her wish of having a practical yet fashionable bag.
What makes the Birkin special?
Is the limited production of the bag, which feeds into scarcity and fueling the desire to have more. Therefore making it an investment.
The original price of the Birkin was around $2000 when released in 1984. Today the Birkin bag retails between $10,000 and $2 million.
The resale value of the Birkin bag:
Leather Birkin:
- small (25 cm); $7000 – $12,000
- Medium (30cm) $9,000 – $18,000
- large (35 cm) $12,000 – $25,000
Exotic skin
- small (25cm) $20,000 – $50,000
- Medium (30cm) $30,000 – $70,000
- large 935cm) $50,000 – $100,00
5. Christian Louboutin Pigalle pumps
Described as symbol of feminine power. Named after Christian Louboutin’s favorite city in Paris, Pigalle. This iconic shoe was inspired by the glamour of showgirls in Moulin Rouge.
When the Pigalle pumps where introduced in 2004 they retailed for $625. Today the Pigalle pumps retail for $795 to $3,395(for highly embellished shoes)
The resale price of the Pigalle pumps:
- Preowned Pigalle pumps $290 – $495
- Gently used Pigalle pumps $425 – $595
- Like new Pigalle pumps $495 – $595
- Rare/ limited edition Pigalle pumps resale for up to $1000 and more
6. Hermes Constance belt
The belt was designed based on the Hermes Constance bag which is one of the big 3 bags from Hermes.
The price of the belt when first released in 1959 is not available. Today you can expect to pay between $795 – $2000 for the belt
The value of the belt is between $455- $1000+
PS, Once you have the buckle (H) then the belt strap can be bought on its own and is interchangeable.
7. The Hermes Constance bag
The Hermes Constance bag was designed in 1959 by Catherine Chaillet and named after her daughter Constance. It is part of the big 3 Hermes bags being the Birkin and the Kelly.
The price of the bag when first released in 1959 is not available. Today the bag retails for $15,000 to $17,000
You can expect to sell the bag for 105% depending on the condition ,rarity and resale platforms of the bag. However prices available on the resale platforms like the RealReal etc, the bag goes for $7000 – $100, 000 (For the sought after Matte Niloticus Crocodile Himalayan Constance 24)
8. Hermes Kelly bag
The Hermes Kelly was popularized by actress Grace Kelly, when she used to hide her pregnancy from the press. The Hermès Kelly bag was originally called the Sac à Dépêches and was introduced in 1935.
The original price of the bag when first released in 1935 was 850 French Francs. Adjusted with inflation the bag would be around $6000 today. The bag retails for $10,000 – $13,300, today.
The bag can resale for 80% – 100% of its original price. Meaning that on average the bag can be sold for close or more than the original price. The Hermes Kelly bag resale for between $8000 – $14,000.
9. The Rolex Daytona green dial
Known as the ‘John Mayer’ , as it was popularized by the musician. The Rolex Daytona green dial was first introduced in 2016 and soon became popular. This is the only one the list that is not ‘ancient’ yet the toughest to obtain, as we are familiar the Rolex waiting list ( More the the precious Birkin Bag).
The watch would have set up back $37,000 in 2016 and today the watch is worth $140,000. In just 8 years the watch has greatly appreciated in value hence it has made the list.
I couldn’t obtain the resale value of watch, understandably as it is rare and sought after. PS, In my opinion the men’s watches are more of an investment than the women’s.
10. Cartier Tank Louis
The Cartier Tank Louis watch was designed in 1917 when the designer, Louis Cartier was inspired by new Renault tanks. The value of this watch comes from history of use during the World War 1 and since then Cartier has since released variations of Tank watch.
The original retail price of the watch in 1918 is not available. Today the Tank watch retails for $11,500 – $ 13,000. (Varies according to the model and size)
In terms of resale of the watch you can get around 22% – 24% of the original price, being around $$2711 – $9,968.
Conclusion
In conclusion, these are the list of items I found to be great investments. By all means buy what you like you don’t have to go by this list. It was just an interesting topic I came across while surveying the luxury fashion resale market. It is also advised that in order for the items to be resale friendly items should be purchased in common colors like beige, brown, black, white if they aren’t rare collection pieces.
PS, all items must be in almost great conditions for one to be able to get the most out a resale, which may affect utter enjoyment of using the item cause one might fear ruining it. Make a purchase when you are financially ready.
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