Did you ever think that your uber-chic, handcrafted leather bags can be an actual investment? Over many years we have seen that the money talks were limited to stocks, property and jewellery. People are now seeking to diversify their investments and that means, paying a good amount for a pure leather backpack which is now considered a pretty great investment. Especially if the bag is of a certain value and some truly renowned brand. Did you know that designer bags are fast overtaking premium liquor, art and vintage cars in terms of investment potential? Yes, that is how much investment potential your bag carries.
The reasons to invest differs with people. There are some who do it because they want to diversify it. Some do it because of the love for bags. Most of them do it because the rarer the bag is, the more money they can make out of it quickly. A bag affords them a far quicker return of investments vis a vis a property or an artwork. A crocodile skin bag by an established brand had fetched around $372,600 back in 2016. Though this one was a record of a sort it does give a fair idea as to how much money can be invested in them. While you pick your ladies leather handbags online, you are making a significant purchase that may offer great returns if done properly. If your bag belongs to the category of limited edition or is more expensive than the rest of its kind, harder it is to find it in the market. The lesser its availability in the open market, the more would be its value and hence you may make a very lucrative profit even after a long time of your purchase.
Certain established brands have very limited editions and supply. Their bags have a waiting list for months and months and people have to wait to get their hands on those limited collections. There is a chance that such people would not mind paying twice the amount of the bag if it ever gets available for a resale in the market. That premium amount is better than waiting for them for months on end. Also, bag collectors would not mind an inflated price if the item they covet is a collector's item.
