3 Iconic Hermès Handbags You Won't Regret Investing In 2024
Deemed to be one of the world's most valuable luxury brands, Hermès has proven to transcend the luxury brand industry, while setting new trends and immortalizing their iconic products. The brand has withstood the challenges of modern markets, the demands of the industry, and the tightening competition all because of its history that surpasses any other brand in the luxury market. The Parisian brand has recently increased its prices in the US. Hermes Bag price increases for 2019 up to 11%.
Hermès Birkin bag
Average Retail Price: $10,500 - $150,000
Average Used Price: $6,000 - $61,310
Designed for the actress Jane Birkin after she had a chance encounter with the Chief Executive of Hermès on a flight and mentioned she found the Kelly too small and rigid for everyday life. Jane Birkin was gifted the first Birkin bag in 1984. The Hermès Birkin bag was named after Jane Birkin.
The Birkin stands alone as the most sought after, impossible to find, and collectible bag ever made. This exquisite bag is typically only seen on the arms of the fortunate few.
A single highly skilled craftsman works on one Birkin at a time with the construction of each Birkin bag consuming a whopping 18 hours. The bags are handmade in France by expert artisans using the company's signature saddle stitching, developed in the 1800s.
The Birkin has a very distinct design, two rolled leather handles, a flap closure with two belted straps and a center turnlock and that holds a padlock. The bag is locked by closing the top flaps over buckle loops, wrapping the buckle draw-straps, then closing the lock on the front hardware.
Birkins come in sizes 25cm, 30cm, 35cm, 40cm and 45cm.
Birkin Bag Size Reference:
25cm: 10" L x 5" W x 8"H
30cm: 12" L x 6.25" W x 9" H
35cm: 14" L x 7.5" W x 10.75" H
40cm: 16" L x 8" W x 11.25" H
A Birkin is a better investment than shares of the stock market. Studies have shown that rare Birkin bags have averaged a 14.2% annual return over the past few decades - an average return that beats out both the S&P 500 index and the price of gold.
Since January 2016, Birkin value has risen by an average of 16% on the market.
The most coveted Birkin bags are the smaller ones at size 25, the prices have increased 4.80% in 2019.
A bag in good to very good condition can fetch up to or more than 80% of what the previous owner invested, a bag in excellent condition up to or more than 100% of what the previous owner invested, and a bag in pristine condition up to or more than 120% of the previous owner invested.
Birkin bags are investment quality luxury items meaning that they either hold or increase their value of time. The Birkin is a true timeless masterpiece that will become the crown jewel of your bag collection.
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Hermès Kelly bag
Average Retail Price: $7,400 - $12,000
Average Used Price: $1,940 - $36,870
The Kelly is a coveted and scarce bag. This bag is the definition of timeless elegance. The original prototype for this bag dates back to 1892 when Hermes developed a large bag to hold a saddle. The prototype was modified over the decades. In 1954, Grace Kelly was given the bag to use in the Hitchcock movie"To Catch A Thief". She wore it regularly after her marriage to Prince Rainier of Monaco - it was dubbed the Kelly bag. It was officially called the Kelly in 1977.
The Kelly bag is a trapezium closed with two straps and a singular top handle and as of the 1980s was designed with an added shoulder strap as standard. Kelly bags have the same draw-strap and lock mechanism as a Birkin bag. The padlock, keys, and hardware are generally gold plated or palladium but custom finishes are also available. Four studs on the bottom, itself made of three layers of leather, enabling it to stand on the ground. Every Hermès Kelly bag is unique, every bag is hand made by a craftsman. It takes about 25 hours per bag and the Kelly bag has 2600 hand stitches.
The Hermes Kelly is available in eight sizes – the number relates to the length of the base on the bag in CM. Kelly 15 (K15),Kelly 20 (K20),Kelly 25 (K25),Kelly 28 (K28),Kelly 32 (K32),Kelly 35 (K35),Kelly 40 (K40),Kelly 50 (K50) . The K40 and K50 are more rarely selected sizes, but work well for travel.
Kelly Bag Size Reference:
The Kelly comes in two styles: Kelly Sellier vs. Retourne
Sellier has a more structured shape with rigid corners and exterior stitching with no visible piping. The result is a stiffer, sharp edge shape. Occasionally referred to as "Rigide".
The Retourne version, also referred to as "souple", has softer, more rounded corners. Its slouchy feel make it a favorite among Hermès.
Kelly bags are investment, quality luxury items meaning that they either hold or increase their value of time. In the mid-1990s, a standard Kelly bag was priced at $3,500 and as of 2016, prices range from $7,400 to $12,000, 10 times as much as it cost in the 1950s. And the bags with exotic leathers priced higher. The Sellier is generally more expensive model than the Retourne.
Some of the Kelly's prices have increased up to 11.3% in 2019.
The popularity and exclusiveness of the bags leads to a high amount of competition, which leads to a higher price. And Kelly and Birkin bags are also made with expensive materials including leather and exotic animal skins. At the moment, the value of both silk and leather are beginning to rise, meaning Hermes products are going to see another increase in value and price. Calf leather, in particular, is rising in value which is a very essential material used to make Hermes Birkin and Kelly bags.
Hermès Constance Bag
Average Retail Price: $4,000 - $8,600
Average Used Price: $2,250 - $1,2170
Hermès might be synonymous with the Birkin and the Kelly, but there's another elusive number that remains a highly coveted piece amongst H aficionados. Known as the Constance, it is a bag that's most noted for its signature front clasp. The Hermès Constance bag is the pinnacle of pure elegance, and as the most sought-after of all Hermès Handbags.
The Constance bag was created way back in 1959. The Constance bag was designed by Catherine Chaillet, and named it after her fifth child. The first Constance left the Hermes shop the exact same day she delivered the baby. Since then, seen on the arm of fashion icons such as Jacqueline Kennedy Onassis and instantly recognizable features including sleek lines, a fully adjustable strap, and the iconic “H” clasp have ensured the Constance has remained a permanent fixture in the Hermès collection as the ideal day to night handbag.
The Constance is a more contemporary, easy-to-wear style. Worn crossbody or as a shoulder bag, it's a more practical option than its top-handle tote counterparts. The bag's iconic H clasp comes in various options, such as the standard palladium, gold-plated hardware or enamel clasp. Other variations include a leather inlay on the Cartable, as well as exotic skins with croc or lizard embedded within the clasp. The Constance is typically offered in leather.
Currently the Constance is produced in four sizes, Micro (14 cm), Mini (18 cm), MM (24 cm) and Elan (25 cm and shaped more like a rectangle). Aside from the standard sizes, there's also the Constance Cartable, the biggest of them all at 29 cm that comes with a short leather strap.
Micro (14) -11 cm x 14 cm x 3 cm
Mini (18) - 15 cm x 18 cm x 4 cm
MM (24) - 15 cm x 24 cm x 5 cm
Elan (25) - 14 cm x 25 cm x 8 cm
There are a few sized that have been discontinued by Hermes. However, you may still score them on a resale market. These include: Constance 23 , 25 and 29. The last 2 have been discontinued shortly after its introduction.
If you are a savvy person, Constance is a smart investment, as it is in high demand and retains a lot of its value on the resale market. With the rise in popularity, the resale value for the Constance has soared by 60% in 2016, making it a great time to sell. Modern, yet classic, functional and versatile, chic and effortless, a great investment, available in multiple sizes, models and materials, these are clear why the Constance stays sought after in the last 48 years.
These classic bags will never go out of style. They are on the list of the most popular pre-owned bag styles. Hope this guide help you to find the one that best suits your style or start a collection!
Where to buy Hermès bag the cheapest?
Hermès bag are available in Hermès boutiques worldwide and online. And you can also get a second-hand and vintage Hermès bags on some resale websites! Sign up at Extrabux.com, you can get up to 4.9% cash back on the Hermès bag purchase at these sites!
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