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Fortune
Fortune
Jasmine Li

Birkin bags can double in value in 5 years. An Hermès expert explains why it’s a better investment than gold

A guest wears a white and black tie and dye print pattern fur oversized coat, a neon pink long blazer jacket, black tights, a neon pink shiny leather crocodile print pattern Birkin handbag from Hermes, diamonds rings, black pointed pumps heels shoes , outside Zuhair Murad, during Paris Fashion Week - Haute Couture Spring Summer, on January 25, 2023 in Paris, France. (Credit: Edward Berthelot—Getty Images)

The value of a Birkin bag skyrockets from the moment it leaves the Hermès store.

That’s partly because not just any regular person can buy the bag. Only customers with a sizable purchase history at the brand are offered the opportunity to buy a “quota bag,” such as a Birkin or a Kelly.

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