4 Accessories That You Didn’t Know Have High Resale Value
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Gone are the days when you associated investment with properties and stocks. Brands have created products made with the finest materials, craftsmanship and great brand value. These brands have a legacy that has taken them decades to build. Here are 4 accessories that are a great investment and have a good resale value.
Hermes Birkin & Kelly bags
From the luxury house of Hermes, Birkin and Kelly are the bags that are the most sought after pieces. The value of the bag increases according to the rarity of their colour, leather and the hardware. The process to cop these iconic bags is a long drawn one, which involves scheduling an appointment prior to the purchase. During your appointment, you are taken into a private room and according to your purchase history with the brand or how much you know about the bags ultimately decides if you will be offered a bag. There are times when you are not offered any bags. The most expensive Kelly bag was auctioned for $ 2 million (Rs.16 crores approx.).
Air Jordan shoes
Air Jordans apart from being high performing shoes by Nike, are one of the most desired shoes because of the legacy of the legendary basketball player, Michael Jordan. Air Jordan 1 shoes are regarded as the shoe that started the wave of sneaker culture. The Jordan shoe that Michael Jordan wore on his last match in 1998 known as the ‘last dance’ shoe was sold for a whopping $ 2.2 million (Rs.18 crores approx.).
Van Cleef and Arpel’s jewellery
Van Cleef and Arpel is a luxury French jewellery brand. It’s known for its skilled workmanship. The Alhambra collection is the most popular and recognizable with the 4 leaf clover shaped motifs. Popular online consignment website The Real real found the brand holding the best value than any other jewellery brand, retaining 75% of its original value with a 5% increase year over year.
Rolex watches
Rolex is known for its ultra-luxury watches made with attention to detail. There highly valued watches are hard to get your hands on, due to their long waiting lists that last for over a year or more. Depending on the model that you purchase and the market value, most, if not all watches maintain the highest resale value compared to any other brand out there.
