Nicole Lapin
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Appearances Over Time
Podcast Appearances
So you're saying it will take you 30 months or two and a half years.
Yeah.
Okay.
Going back to what's become popularized is buying the actual bag.
We saw Jane Birkin, like the muse of the Birkin itself.
Her bag sold for $10.1 million in auction.
Oh, you were in the room?
Oh, 10.8%?
Does a bag like that also experience the annual rate of return that you quoted?
Wow.
What a life you live, Donna.
This sounds amazing.
So is that the most expensive Birkin ever?
Yes.
Yes.
That's the biggest sale for any handbag ever.
Okay, so for anyone who's thinking, like, I'm turning off this episode because there's no way that I can drop all this money on a Birkin, we're going to talk about how to invest in the Birkin without actually buying it itself.
But I want to step back and talk about this Holy Trinity, the Hermes, the Chanel, because it's not just the Birkin or the Kelly, as you mentioned, that can yield a return that sometimes rivals the stock market.
But hold on.
If they raise their prices 90%, that would be an appreciation.