The best place to put your money is in a handbag — not literally, but by investing in one, according to auction experts.
T he best place to put your money is in a handbag — not literally, but by investing in one, according to auction experts.
The age-old accessory is now considered to be one of the safest and fastest-growing ways invest for the future, as long as they are rarely — ideally never — taken out in public.
Handbags, rather than fine wine, art or other collectibles, are ‘going through the roof’ say auctioneers and look like continuing to rise in the future.
According to specialist website Barnebys, these include Hermes with a Birkin style designed by Jean-Paul Gaultier still the most valuable ever auctioned, going for £208,000.
Other makes that do well include Chanel, Fendi, Prada, Christian Dior and Louis Vuitton. Auction prices start at £900 and go up from there.
B arnebys co-founder Pontus Silfverstolpe said: «Next time your partner says she wants a handbag and the price horrifies you, just think that it may in fact prove to be an investment .
