Hermès Handbags & Accessories Collateral Loans
Beyond the Birkin
Birkin bags, Kelly purses, and luxurious silk scarves all bring to mind the Hermès name, evoking timeless French culture and contemporary high taste. Since 1937, Hermès has been one of the world’s leading fashion labels, with perfumes, accessories, and clothing to its name. As one of the world’s most famous high fashion houses, the Hermès brand exudes power, status, and influence.
During the 19th century, Hermès specialized in fine leather goods, furnishing the elites of Europe, North Africa, Russia, Asia, and the Americas with embossed saddles and golf bags. When royalty shouted, “Fore!” on the 18th hole, other golfers cringed in jealousy, envying the royal golf clubs that rested in the comfort of Hermès.
The Prince of Wales was the first elite member of society to sport the Fonz look with a Hermès zippered leather jacket. Since people were dying to be seen in anything Hermès, the family-owned company expanded its vast mission to encompass clothing and accessory collections.
Hermès reached top tier status when the company was given the exclusive rights to manufacture the zipper in France, which became widespread as soon as it was introduced. Everyone breathed a sigh of relief upon realizing that the annoying act of buttoning something was becoming outdated, and then collectively gasped once the possible dangers of the zipper were realized.
When Grace Kelly became the Princess of Monaco, she toted a Hermès bag on the cover of Life magazine, which subsequently earned it the name “The Kelly Bag.” The “Birkin” bag, named after actress Jane Birkin, proved another stylistic success and continues to be one of its top-selling accessories today. By the 1950’s, Hermès decided to create a corporate logo design to symbolize its high societal reputation. The brand inevitably made its corporate logo a horse-drawn carriage, bringing to mind the image of a king sitting in a golden carriage as a fancy man in a top hat steers royal horses.
The Fashion Blaze of Hermès
Hermès went through a mid-life crisis in the 1970’s with the ascendance of newer, idiosyncratic items to its fashion line. The brand introduced python motorcycle jackets, ostrich-skin jeans, and the youthful matching of high-end silk scarves with casual jeans. With clothing completely conquered, Hermès moved on to the world of watches, tableware, and crystal. Its watch subsidiary was founded in Bienne, Switzerland, which brought the company into the 1980s.
The Modern Age of Fashion
From their wiki, “As of 2008, Hermès has 14 product divisions encompassing leather, scarves, ties, men’s wear, women’s fashion, perfume, watches, stationery, footwear, gloves, enamel, decorative arts, tableware, and jewelry. Hermès sales are composed of about 30% leather goods, 15% clothes, 12% scarves, and 43% other wares.” Needless to say, Hermès has had and continues to have an iron grip on the world of fashion, and it doesn’t look like that grip will be loosening anytime soon.
A Skyrocketing Investment
If you are looking to make money, forget gold and jewelry, simply add a few Hermès Birkin and Kelly bags into your investment portfolio. Over the past 35 years, the value of the brand has increased more than 500 percent. High demand coupled with decreased supply and topped off with a solid reputation for quality and style means that these status symbols have a golden future. Bags that are in good condition and well cared for can command premium prices within an online luxury exchange.
Do Pawn Shops Buy Purses?
There are a growing number of pawn shops that buy purses, but it is important to take your luxury purse to a shop that buys designer handbags. Doing so ensures that your item will be evaluated by an expert who knows how to determine the precise value of the piece. This means a higher loan value and guarantees that your purse will be properly cataloged, stored and secured. Our online luxury exchange is proud to be one of the few luxury shops with evaluators trained specifically to assess the value of luxury handbags. We invite you to contact our online shop to discover more about the reasons Hermès bags are among the best items to borrow against and to learn how simple we make it for you to use your luxury handbags as collateral for securing a loan.