“It’s an investment,” I tell my accountant buddy of my latest purchase: a Chanel flap bag. Like the right time, he smiles politely and nods, but I can see the inner workings of his accounting brain debating the accuracy of my statement. However, I am happy to say that this was not a lie or a mere justification for a purchase at the time. Chanel is one of many designer brands that are appreciating in value and worth it. Here, we tell you what designer shopping appreciation is, which key pieces are known to rise in value, and what you can expect to see on the rise in 2022.
Which designer brands appreciate in value?
Many designer brands are known for producing pieces that increase in value, but as a general rule, the following are the best known for holding their value over time:
- Louis Vuitton
- Tiffany and company.
Which coins increase in value?
Of the brands above, some key pieces take on more value than others, including:
Chanel: Classic flap bag.
The simplistic and coveted Chanel flap bag was first released in 1955, making it one of the oldest luxury handbags on the market. Initially priced at $220, they now cost over $8,000 as of 2021. Between 2010 and 2015 alone, the bag’s value increased by over 71%, making it one of the world’s top designer brands. more prominent whose value appreciates.
Louis Vuitton: Neverfull Tote Bag
It’s the go-to tote bag for many, a timeless iteration that fits everyday essentials for a busy lifestyle. The Louis Vuitton Neverfull increases in value by an average of 7% per year, with the style typically retaining 85% of its resale value.
Cartier: Love Ring
The ultimate symbol of love (of oneself or that special someone), the love bracelet is perhaps the most iconic piece worn by Cartier. Originally valued in 1969 at $250, they now sell for over $2,000 and can even fetch upwards of $80,000 depending on the material, gemstones and prevalence of the design.
The holy grail of designer investing is the Birkin. The Birkins are an enigma. They are a lifetime’s work for some and something to aspire to for others. Over a period of 35 years, the value of the Birkin bag has increased by 500%, in part due to its rarity and limited duration. Currently, Birkin’s ranges when bought new from AUD 40,000 and Hermès is a safe designer brand that has been rising in value for decades.
Burberry: Trench coat
An iconic symbol of the Burberry brand, the classic wardrobe staple sells as new from over AUD 1,000, depending on length, material and silhouette. Pre-loved trench coats have been known to sell for over AUD $1,000 and have been known to increase in value even with regular use.
Supreme: collaborative designer pieces
Supreme clothing and accessories continue to be catnip in the resale and investment market. Pieces from the 2017 Supreme x Louis Vuitton collection have already sold for double their retail value and a new t-shirt from the range has sold for AUD 5,000 on eBay. Hoodies are particularly known for their high appreciation, with some selling for nearly AUD 10,000
How can I protect my bullion coins?
Pieces purchased with the intention of being an investment – or even a piece to be treasured for life – should be kept in exceptional condition, especially in case they end up being resold. The more worn an item is, the less value it will take for obvious reasons. However, just because you choose to wear and enjoy the item before selling it, doesn’t mean it will lose any value.
Handbags and jewelry are top investments for designer brands as they can be kept in near pristine condition if you get tired of the wear and tear. However, shoes can be trickier because once worn the sole shows immediate signs of use. This doesn’t mean that some shoes can’t sell for a high price, but it will be harder to see a return on investment (ROI) with shoes.
Which coins are expected to increase in value in 2022?
The above list is a non-exhaustive overview of designer brands that are rising in value, however, as with fashion, there are trends that disrupt the status quo. Contemporary brands like The Row and New Balance are already seeing strong ROI, especially in the luxury resale market.
Second-hand luxury goods account for 7% of the personal luxury goods market, with some of the main reasons including fashion circularity and a rapid trend cycle. The following are key items that are expected to be popular as investment buys in 2022 due to their appreciation in value, with the percentage increase in their retail value shown accordingly:
- New Balance sneaker collaborations: 387%
- Vintage Chanel necklaces: 697%
- Dior Jordan sneakers: 318%
- Bottega Veneta Chelsea Boots: 100%
- Chrome Hearts Trucker Caps: 296%
- Rolex Submariner Date watch: 262%
- Emilio Pucci mini dresses: 99%
- Prada nylon bags: 98%