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We're all told to make smart financial investments, but we never thought that buying a handbag would be one of them. 

Brands like Chanel, Hermes, Louis Vuitton and Mulberry often increase in value as the years go on, but one style of bag in particular stands out above the rest.

The Hermes Birkin bag, named after the iconic Jane Birkin, has increased in value over 500 per cent in the last 35 years, beating out gold as a better investment. 

 

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"An investor who purchased a Hermes Birkin handbag would enjoy a profitable return regardless of when they decided to cash in as the value has only risen since 1980," according to data collected by Bag Hunter.

"While economic factors affect the value of the S&P 500 and gold, the exclusivity of Hermes Birkin bags has seen them maintain and increase their value, even during times of recession."

"This makes Hermes Birkin handbags by far the least risky investment of the three."

 

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Since 1981, the value of a Birkin has increased by 14.2 per cent each year, on average. 

Waiting lists for the bags can be up to six years long, and the exclusivity of the bags propels their value, as the demand for them is much higher than the supply. 

The average Birkin can cost anything from €7,000 to €15,000, with prices climbing as you consider all the various different options for leather types, sizes and hardware. 

 

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2015 saw a record-breaking year for the bag, when a record sale for a single handbag sold at auction was broken by a hot pink crocodile-skin Hermes Birkin, which sold for an exorbitant €210,268.

While a Birkin may be slightly out of our price range, a girl can dare to dream, right? 

Feature image: Instagram / The Birkin Fairy / The_Caroo

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The Hermès Birkin bag is one of the most widely recognised handbags in the world, and despite the design being over three decades old it is still seen on the arm of countless celebrities.

Now though, the iconic bag could be no more as actress Jane Birkin has asked for her name to be disassociated with the cult accessory.

English actress Jane became something of a muse for Hermès CEO Jean-Louis Dumas back in the Eighties, and since then has had her name attached to the fashion house's most sought-after handbag design.

However after discovering that crocodiles are allegedly harmed during the bag's production, Jane has called for the bag's name to be changed, or for better practices to be implemented.

"Having been alerted to the cruel practices endured by crocodiles during their slaughter for the production of Hermès bags carrying my name… I have asked Hermès Group to rename the Birkin until better practices responding to international norms can be implemented for the production of this bag," the actress said in a statement via animal rights group PETA.

A recent exposé by PETA showed grahpic images of crocodile and alligator slaughtering in factory farms across the world. Responding to Jane's statement and PETA's revelations, a rep for Hermès said the brand "respects and shares her emotions" regarding inhumane treatment of animals.

The legendary totes cost anywhere from €10,000 to €135,000 or more depending on the animal skins used. Jane's demands will no doubt put a dampener on the bag's appeal, but for now the Birkin Croc is still a firm favourite among fashion-conscious celebs.

Kim Kardashian
The reality star stepped out last year with a smaller version of the bag in cream and brown

Victoria Beckham
VB is said to have the bag in over 100 styles.

 

Beyoncé
The singer keeps it classic with an oversized black version

Jennifer Lopez
J-Lo works the colour co-ordination with her coral Birkin

 

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