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5 Luxury Goods That Are Smart Investments: Birkin, Rolex
Business Insider· 2025-09-13 10:55
Core Insights - The resale market for luxury goods has significantly expanded, with one in three American luxury consumers engaging in buying or selling on resale platforms, indicating a growing trend towards secondhand luxury shopping [1] - A notable percentage of shoppers, 47%, consider the resale value of clothing before making purchases, highlighting a shift in consumer behavior towards investment-minded buying [1] - The RealReal's report indicates that certain luxury items have maintained or increased their resale value over time, driven by factors such as tariffs and market demand [2][3] Luxury Item Insights - The Louis Vuitton Speedy bag has seen a 13% increase in average resale price since 2021, with current resale prices ranging from $380 to $13,500 depending on model and condition [6][7] - The Hermès Birkin 30 bag commands an average resale price that is 1.7 times its retail price, with a 15% increase in average price since 2021, and current resale prices ranging from $9,450 to $350,000 [11][12] - The Goyard Saint Louis tote has experienced an 18% increase in average resale price since 2021, with resale prices ranging from $720 to $5,200 [16] - Van Cleef & Arpels' Alhambra jewelry line has seen a 20% increase in prices since 2021, with items priced between $1,425 and $165,000 [21]