Let's talk about handbags. Not just any handbag, but the Hermès Kelly II. You might be thinking, "Invest in a handbag?" Yes, you read that right. This isn't just a bag, it's a serious investment opportunity. The Kelly bag has been turning heads since the 1950s when Grace Kelly made it famous. Today, the Kelly II is one of the most sought-after fashion items in the world. But what makes it investment-worthy?
First of all, they're rare. Hermès doesn't mass-produce these beauties. Each bag is handcrafted and takes up to 25 hours to make for one single artisan. The quality is top-notch and here we're talking about the best materials and impeccable craftsmanship. Lastly, it's Hermès, and they know how to keep people wanting more. When it comes to investment performance, the Hermès Kelly II has a track record that's hard to ignore. In the early 2000s, you could get one for around $5,000. Fast forward to 2023, and that same bag could easily fetch $20,000 or more on the resale market. That's a 300% increase in just two decades!
Even in shorter timeframes, the Kelly II has shown impressive growth. From 2010 to 2020, the average price of a Kelly II increased by about 129%, outpacing many traditional investment vehicles. In some cases, rare colors or limited editions have seen price jumps of 50% or more in just a year or two.
How to invest? If you're thinking about going into the luxury investment pool, here are some essential tips to keep in mind. First, buy smart, not all Kelly II’s are created equal. The color, material, and hardware can significantly affect value, with rare colors or exotic skins usually leading to higher prices. Condition is key, a pristine handbag will always hold its value better. Like any investment, timing matters, so know your market and keep an eye on trends to make the most informed decision. And, of course, watch out for fakes, they’re out there and they're getting increasingly convincing.
If you feel that this is the time to invest, try Lympid. We’ve developed an app to make these investments a simple process, and accessible to everyone, starting with just 50 euros.
Check our step-by-step to invest in a Hermès Kelly II:
First, you need to create and then validate your account. Download the Lympid app or visit the web app available on lympid.io, sign up for a new account, and complete the validation process. This will only take a few minutes to complete. Then, add funds to your wallet. Without this, you’re only able to watch and you can’t invest. So after your account validation, navigate to the wallet section and add funds to your Lympid wallet. You choose how much you want to spend. In the case of Hermès Kelly II, convert the funds you would like to invest to USDC (USD Coin). That’s the required currency for investing in this piece. Then just find the handbag! Go to the marketplace page of the app and scroll through until you find the Hermès Kelly II, it’s the first item you’ll see. There you can review all the details before investing. Take your time to read everything, including the piece's description and all the additional information that we’ve also made available. Finally, click Invest when you're ready! Choose how much you would like to invest in, then confirm it and you're in — you’re now an investor in a Hermès Kelly II!
Does it have risks? What's particularly appealing about investing in a Kelly II is the relatively low risk compared to other investment options.
Unlike stocks that can see wild fluctuations, the value of a Kelly II tends to steadily appreciate over time. The luxury handbag market, especially for iconic pieces like this one, has shown resilience even during economic downturns. This stability makes this investment an attractive option for investors looking to diversify their portfolio with an asset that combines prestige with financial potential.
Although no investment is entirely risk-free, the Kelly II is a combination of brand power, limited supply, and enduring desirability. It creates a unique investment proposition with a history of steady returns and minimal volatility.
So, is it worth it? In short, yes, investing in a Kelly II comes with relatively low risk compared to more volatile assets. It's a manageable way to diversify your portfolio with an alternative asset. If you have an eye for quality, a passion for luxury, or simply want to add a unique investment to your mix, the Hermès Kelly II could be a smart move.
Are you ready to trade in a bit of your portfolio for some seriously stylish leather? The Kelly II might just be the most fashionable and low-risk addition you'll ever make.
