My Mother thinks I have a problem. She’s yet to put it that candidly, but it was delicately laced in her tone earlier this month when I asked her driver to pick up my Zashadu Alpha…. “Another one?” was followed by a soft, but disconcerting smile. I’ve managed to convince myself that one of my bags will one day become an investment piece but the truth of the matter is that only selected, age old brands have been fortunate enough to make the increasingly exclusive list.
On Sunday evening, I sat in a friend’s living room getting increasingly comfortable as we argued over what to order and what Netflix movie was best suited for a Sunday night. As we lingered in and out of various conversation topics, we stumbled on investment bags. As much as I may be an advocate for the #BuyNigerian movement, I can’t deny it, I still lust over the Classics. Below are my top picks…
- The Hermès Birkin or Hermès Kelly: From a very young age, my Dad hammered the concept of “Demand vs Supply” in my head. He went on and on about how this was “Basic Economics… the Foundation” and couldn’t understand why I struggled with the subject. Perhaps if he had explained this concept in Hermes lingo, maybe (just maybe) I’d have ended up with an ‘A’ instead of the dreaded ‘D’ at my IGCSEs… I digress… The economics behind the Hermès Birkin and Kelly is rooted in their limited quantities. This creates exclusivity; scarcity (in Economics lingo) and drives the prices up! A worthy number 1 in my opinion, the Hermès duo (the Kelly – inspired by Grace Kelly of course and the Birkin– inspired by Jane Birkin) will forever hold the top spot
- Chanel Classic Flap Bag: Somewhere between Coco and Karl, rumour has it that the Chanel Classic flap bag has (sometime in the recent past) outperformed the S&P. How’s that for a worthy investment? Any of the Chanel flap bags would do for me really. The 2.55 Reissue (named after the date it was introduced- February 1955), the Boy bag or the Classic flap, I really couldn’t care less. Somewhere between the burgundy contrast and the quilted lambskin, I’m sold!
- Louis Vuitton Neverfull Bag: I know, I know… every Tom, Dick and Harry has one. But that doesn’t make the Neverfull any less of an investment. If you really want to stand out with this one, the Limited Edition pieces are (in my opinion) less generic/common and I find that the Noir/Indigo are waaaay nicer. I’ve read that these bags can get you 80-85% of their retail value.
- Loewe Puzzle Bag: This unassuming bag is made of 41 different leather pieces, nine textile pieces and 45 pieces of cloth. Take that for a mind-boggling Puzzle! Worth every penny I’d say.
- Lady Dior Bag: Dior describes this bag as “Dior’s iconic bag, the Lady Dior, features all the hallmarks of Dior leather goods: soft lambskin topstitched with the iconic Cannage motif, rounded handles and D.i.o.r charms. An architectural piece, it is the symbol of Couture elegance and refinement“. I’m not sure I’m capable of better articulating this masterpiece.
What makes the cut for your top investment bags? Let me know…
Ps: I’m on to another Tory Lanez song… “Miss You” Love this guy!
PPs: Still dreaming of a helix piercing. Can’t wait to try it out again.