Handbag Investor

03/01/2023

Yep, most of them are still available 😍

03/01/2023

Imagine starting off the new year with this box 😍 Well good news, you can 🥹 The item is still available 🫶

03/01/2023

Find out which year your chanel bag was made 😍

02/01/2023

07/12/2022

Why the LV Pochette Metis is such a great investment

I really believe in investing in handbags and it's actually how I financed a big part of my studies in Singapore. I'm a Data Scientist and I basically spend my days just scraping handbag data, cleaning it, and finally evaluating it, in order to make the right investment decision when buying or selling a handbag. What's so interesting about handbags is that there is a clear market price to them in the resell market, the problem is just that no one really knows where it's at, because if you go on websites such as Vestiaire Collective or The Real Real, the prices are just all over the place. I'll try and post regularly and keep you up to date with the data that I find and the interesting investments that come to mind.

The summary on the LV Pochette Metis:
- Average Sale Price: USD 1850
- 12-month trade range: USD 1718 - USD 2017
- Volatility: 2.48%
- - Retail Price: USD 2050
- Last Sale: USD 1844 on 17 November 2022
- Number of Data Points: 17

Obviously the first thing that jumps right out from those numbers is that the resell price is ridiculously close to the retail price, if the item is kept in good condition. That's really promising, because handbags are generally not a very liquid asset. Like any asset that's not liquid, if you know the market price, you can use this to your advantage. If you stumble across a seller that wants to let go of their LV Pochette Metis, it's likely that they are willing to let it go below the 'market price' of USD 1850. That's because of a concept known as delayed gratification. The seller is aware that the item can be sold at USD 1850, if they find the right buyer. The less liquid an asset is, the harder this becomes to put into practice. Therefore, if you offer them a price below the market price, but it allows them to turn their item into cash (liquidity) immediately, they are likely to let go of it. I purchased 2 LV Pochette Metis so far, each at USD 1400. Personally, I was in no time pressure to

07/12/2022

The Louis Vuitton Pochette Metis in Black is really a pretty solid investment. If you look at the resell value, it's consistently pretty close to the retail price. Let me know what you think about my data visualisation :)

07/12/2022

The Lady Dior Bag in a handful of figures

07/12/2022

Hi everyone,

LV, Chanel, Dior, Hermes … you name it. Whether you buy it for a special occasion, or to show your appreciation of a person in form of a present, you just accept the high price tag 💸 The item is an investment after all. But like any other investment, there are good ones, and there are bad ones. As an ex-finance and data science team, we use our skillset to give you all the info you need to make a well-informed investment 📈