Anyone watching Fashion Hunters? If you haven’t caught it yet, it’s a new show on Bravo that follows the buyers at Second Time Around, an upscale resale boutique.
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.
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.
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Source: Macy’s |
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?
cuuute bag !!!
http://www.like-mousse-au-chocolat.com/
I loved this bag from viewing it on one of your most recent posts, price went up $30, WOW!
http://www.localcelebz.blogspot.com/
I love the pop of color you added with our Nyla Earrings and how you tied it together with those AMAZING shoes! What a great look! Thanks for the love!
xoxo,
-Kendra