Finding the Perfect Purse Can Be Worth Its Weight in Gold

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Finding the Perfect Purse Can Be Worth Its Weight in Gold

Women with a superior taste in fashion know that some of the finest bags available today are very difficult to come by. If you can find a good deal on a Hermes or Chanel bag online, chances are it might be a scam. The internet is flooded with people trying to make money off of unsuspecting shoppers who trust that the product they are paying thousands of dollars for is genuine and real.

In 2014, Baghunter was formed as a platform where people from all over the world could access exclusive Hermes and Chanel handbags that were otherwise unattainable. The company began with a mission to provide a reliable platform where anyone could buy a Hermès bag with confidence.

RewardExpert recently had the pleasure of speaking with Evelyn Fox, founder of the company.

The Hermes Collection

The Hermes Collection of Bags
Image via baghunter.com

Hermès bags are by far some of the most iconic and exclusive handbags in the world. They are celebrated and renowned for their supreme craftsmanship and fine elegance.

Hermès began as a harness workshop in 1837, and since then the company has gained a reputation for innovations in cutting leather, melding hardware and employing only highly trained artisans to craft each handbag. Each purse has an incredible story behind it, with inspiration found from style icons such as Princess Grace Kelly of Monaco and Jane Birkin.

“Hermès bags are continuing to grow in popularity and value year on year,” said Fox. “Just last week, a preloved 2008 Hermès Himalaya Niloticus bag sold for over $210,000, becoming the most expensive handbag ever sold at an auction in Europe.”

An Investment Worth Its Weight

The value of Hermes bags continues to grow. So much so that many investors have started to collect the handmade pieces as an alternative to gold and other traditional investments.

Since 1980, the value of the Birkin bag has steadily increased, showing a rise in value of 14.2% through 2016. When you compare that increase to more traditional forms of investment, you may be surprised to learn that in that same time the S&P 500 has only shown 11.66% growth and gold has only increased by 1.9%.

Hot Trends and Most Desired Collections

Hot Trends and Most Desired Collections
Image via baghunter.com

Currently, the most popular items on the Baghunter site are the more exotic patterns. “While the most popular and in demand bags have consistently been classic Hermès color and material combinations,” explained Fox, “there has been a steady recent increase in demand for exotic skin bags, such as crocodile, alligator, ostrich, and lizard. The delicate craftsmanship featured on these bags, in addition to their high value, makes them very desirable for investors, collectors, and Hermès lovers.”

Hermes bags start as low as $2,295 on the Baghunter site, and they have a ton to choose from.

“Our customer base is expansive and diverse,” said Fox. “We work with clients from around the world who all share a love of Hermès. Our clients range from regular women who are making a once in a lifetime purchase to collectors, investors, celebrities and high net worth individuals who are adding to their collections.”

If you don’t have that kind of cash lying around to make an expensive investment like this, but have always dreamed of owning a genuine Hermes or Chanel luxury handbag, you are in luck. Baghunter has partnered up with Affirm to offer the option of making monthly payments. This service allows you to make payments over 3, 6 or 12 months at APR rates between 10% and 30%, depending on your credit.

Check out the collection at baghunter.com today and find your next investment!