In the second episode of the show, the fashionistas at Second Time Around hosted a Birkin bag swap/shop party. Birkin bag expert, Michael Tonello, was brought in to authenticate the bags. There was, of course, some drama about a fake bag at the party. But, one of the notable things I kept hearing in that episode, is that Birkin bags can be viewed as “investments” since they often appreciate in value.
I don’t know about you, but I certainly can’t afford a Birkin. Apparently, I can’t even afford a fake Birkin. But, I do have a classic, lower cost bag that has appreciated in value—my Michael Kors Item Tote in Python.
I purchased my MICHAEL Micahel Kors Item tote on eBay in the summer of 2010. I paid $98 for it, a price that reflected a saving of $100 off the retail price of $198 at that time.
|My MICHAEL Michael Kors Item tote is a bag I reach
Leggings—Adrienne Vittadini via Marshalls,
Scarf—The Limited, Shoes—DVF via C21,
Earrings—Kendra Scott “Nyla” in crush
The item tote has been a perennial favorite for at least the last three years. So, I wasn’t surprised to see it back on the shelves this year. But, I did notice something peculiar about the price this year.
The python item tote must’ve grown in popularity because the price on this style has increased by $30! Interesting, eh? Have you noticed any peculiar price hikes recently?