Last Updated February 13, 2024

According to BagWorld podcast, Hermes bags have dramatically increased in price since 2020 and especially through 2022. Before Christie’s auction houses got in the resale business, it was estimated that around 1,000 Hermes Birkins were sold on the market in a given year. Those numbers of bags fluctuated however there has been much more of demand for these bags in the recent years.

Now that Christie’s and Sotheby’s are holding. Hermes Bag Auctions, there are around 2,500 Hermes bags sold at auction now in 2023/2024. That is double from jus a few years before that. You can see that the luxury handbag markets really taken off and these once deemed a luxury expense has now turned into a profitable investment.

Have you seen the demand for Hermes Bags more recently?? COMMENT BELOW!