With the growth of the used market, consumers are starting to wonder about the value of collectibles. Those with a penchant for design creations no longer want to buy for the sake of buying. What they want: The certainty that the coins they own will hold their value and that they can resell them to invest elsewhere. They may also view the collectible as an active investment, hoping for a return on investment if the item appreciates in value (like your Chanel bag). Consumers want products that will retain their aura forever, not just for a season.
The debate today is whether luxury is recessionary protection. The gap between the richest and poorest in the United States has never been greater, and even in times of crisis, there will always be consumers who have money to invest. If you are one of them, here are the best articles to turn to.
What are the best coins to invest in?
Classic Chanel Bag 2.55
Chanel has recently been criticized for raising prices, but that doesn’t stop shoppers from continuing to buy. The turnover of the French luxury house reached 14.5 billion euros, which is a historic increase for the company. A classic 2.55-inch Chanel bag now costs €7,750, up from €1,100 in 1990. With Chanel positioning itself as a rival to Hermès and supply chains tightening, we can still expect prices to rise in the near future.
Hermès Birkin bag
The Birkin model has become an icon of modernity. The bag, named after actress Jane Birkin, is issued upon registration on a waiting list that can sometimes be as long as three years. That means a high resale price: vintage Birkin bags can fetch six figures at auction and have a higher payback than gold. Your strategy: buy a Birkin and keep it in a safe for twenty years.
Rolex Submariner Watch
The world of watch collectors is populated by people who know the value of investments. It is sometimes said that antique Swiss watches were sold for the price of a down payment when buying a house or studying at a university. The Rolex Submariner watch is indispensable for diving enthusiasts. The average price of a Rolex watch is now €12,500, up from €4,800 in 2011. And these prices are not ready to fall…
Another luxury watch that has proven to be a good investment is the Cartier Tank watch. She is a win-win choice among collectors, but is often preferred by others. However, this model manages to maintain its value in the secondary market. Although the return on investment is not as high as the Rolex Submariner, their value remains unchanged.
Louis Vuitton Neverfull Bag
This model was once the entry-level bag of the Louis Vuitton brand and sold for 1150 euros. Today, Louis Vuitton sells this model for almost 2,000 euros on average. For those who have kept their Neverfull bag in good condition, it’s a small win: it’s now worth more than the price you bought it for.
Dior saddle bag
Maria Grazia Chiuri redesigned her signature Dior Saddle bag. It is now one of the house’s best sellers and also one of the most sought after luxury handbags of the moment. The Saddle bag also holds a lot of value in the secondary market, and the unisex property gives it great versatility.
Alhambra necklace by Van Cleef & Arpels
The Alhambra is one of Van Cleef & Arpels’ most famous jewelery motifs. Not only does it bring good luck, it adds value to this iconic four-leaf clover necklace. On specialized resale sites, the Alhambra necklace is offered at a price similar to its original cost. A symbol of luxury since 1968, it will never go out of style.
This article originally appeared on FashionUnited.com. It was translated and edited in French by Maxim Der Naabedian.