Now offered by prestigious auction houses such as Christies’ and Sotheby’s alike, luxury handbags are being auctioned off right next to traditional 19th century European Art and rare Neolithic-era Chinese ceramics. Curating a collection of well-maintained luxury handbags has now become akin to a savvy art collector's personal assortment of fine art pieces. A noteworthy difference between the two is that you can easily extend the use of a handbag beyond the walls of your home, fulfilling its fundamental utilitarian purpose whilst looking chic and sophisticated.
Requiring a masterful level of craftsmanship, knowledge, and precision, the artisans of luxury bags are meticulous in their technique and no detail is ever added unintentionally. Major fashion houses have even collaborated with top tier artists throughout the years, churning out ready-to-wear pieces with signature artistic flourishes and creative new spins on old classics. The limited availability of such items and the discontinued status of key styles from handbag history only adds to the exclusivity of designer items and increases their worth as the market continues to grow.
In addition to maintaining their functionality and must-have-accessory status, handbags have also become increasingly lucrative investment pieces in recent years. Currently acting as a major category on the secondary market, there are bags offered in a multitude of colors, materials, sizes, and price ranges, securing the market as an accessible platform for all. Fashion has notoriously been an outlet for creative expression and personal taste, a means of communication without needing to say anything. It’s no wonder designer handbags have secured themselves as a major player on the secondary market not only from an accessory standpoint, but from an acquisitional one as well.
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