Why Birkin Bags Are So Expensive | So Expensive

Birkin bags have become the ultimate status symbol, commanding resale prices as high as $500,000 for a single bag. Unless you have been chosen by Hermès, resale is likely the only option for obtaining a bag. Luxury resellers like The Real Real in New York have many options available online if you have several thousand dollars lying around.
MORE SO EXPENSIVE CONTENT:
Why Supreme Is So Expensive | So Expensive
• Why Supreme Is So Expe...
Why Pink Himalayan Salt Is So Expensive | So Expensive
• Why Pink Himalayan Sal...
Why Mānuka Honey Is So Expensive | So Expensive
• Why Mānuka Honey Is So...
------------------------------------------------------
#Birkin #Hermes #BusinessInsider
Business Insider tells you all you need to know about business, finance, tech, retail, and more.
Visit us at: www.businessinsider.com
Subscribe: / businessinsider
BI on Facebook: read.bi/2xOcEcj
BI on Instagram: read.bi/2Q2D29T
BI on Twitter: read.bi/2xCnzGF
BI on Amazon Prime: read.bi/PrimeVideo
Why Birkin Bags Are So Expensive | So Expensive

[@foxayfox]

Found it amusing that it was inspired by a humble straw basket and designed to be functional for working women but now it’s nothing except a status symbol.

[@APHRODITEEEEEE]

What's weird is that there almost always used to be bags made from fabric that could close with ropes (I don't know what they're called 😅)

[@JohnSmith-lt8em]

If I hadbillions of dollars, I would use Birkin as my basket bag.

[@jspaingreene6350]

Amen

[@gabriela.8141]

APHRODITEEEEEE I think they’re called burlap sacks

[@mssonoma1]

whats really funny to me is how it doesnt seem all that function to begin with. There are much better, more spacious bags for everyday. and that handle is just way too small - I need to be able to put it over my shoulder at least

[@nunya___]

So the real reason it's so expensive...because they want it to be.

[@misspellings]

lelsachu394 Flsjj I don’t think people buy diamonds because they’re simply expensive. If you study diamond clarity, cut, and color and had the time to see them in person and own real diamonds, they’re really spectacular and the most amazing thing you will ever own in your life. Period. For example, VVS diamonds start at $10,000 USD. I don’t buy it because it’s expensive. It’s a stunning work of art. Yellow and pink diamonds are astronomically expensive because they are actually rare. Low quality grade diamonds are not rare. They’re very common and if you’re not careful, you can be ripped off. Any informed consumer will learn to look at the imperfections of any diamonds with a magnifying laupe.

[@Sariine436]

@@snowyzoe71 not really because in the future the bag will cost more than what the person actually bought it for.

[@thedolphinc]

YOU ARE 100% RIGHT! NO LEATHER is worth 1/2 MILLION! It's worth a lot cause of "Branding" - PATHETIC!

[@DNOG87]

krispy kreme no, you just don’t understand what he/she is getting at. It’s over priced no matter what excuse they use. They’re made of materials that any company can get their hands on. This is targeted to rich people who have nothing better to do with their time then buy over priced material items

[@chachan4142]

I mean, thats the same thing with gold and stock, no? It’s all just supply and demand. Keep up enough demand and low enough supply, and the price goes up.

[@huiwoo8477]

"Albino alligators are rare" Hermes: Ohh. Interesting, let's turn them into a bag.

[@victoria3011]

Considering they’re still dyeing over the true color of the albino alligator skin while making the bag, what was the point of using this super-rare animal in the first place?

[@SlowMoebius]

They're very rare in the wild, not quite so rare in captivity as they're bred in reptile trading circles as well as for their leather.

[@bluephoenix1652]

@@SlowMoebius even in captivity, they are rare. LOLS. You can't expect an albino alligator to produce albino alligators like usual as well. LOLS.

[@tanaytoshniwal8518]

@@victoria3011 The leather

[@dogeater3091]

@@victoria3011 super rare doesnt mean endangered. Albino isnt a specie of alligator, they are born with it. So killing one is the same as killing a normal alligator.

[@0h0h0h0]

So if the counterfeits are made by actual Hermes employees, are they actually counterfeit?

[@hazelcrisp]

I don't think so.

[@EliezerAamesINTL]

Ha! That's a very good question

[@VictorMartinez-zf6dt]

Because Hermés doesn’t like it lol

[@LeTrashPanda]

a mere technicality apparently.

[@jeffhufana2389]

Hmmm 🤔 good question

[@ashikaanil5071]

This bag was designed to be functional for the working women. It's crazy how now it's only to show how rich you are. Somewhere along the process the bag has failed it's true purpose.

[@nihilisticbarbie]

Agreed. Crazy to think it went from being designed for Jane Birkin so she could keep all her things in one place to a untouchable status symbol. It's actually kind of gross, if you think about it. People just want it for the status they think it buys them.

[@Ema-nt3gp]

ashika anil it's called storytelling, a bs story to increase sales. I highly doubt that Hermes CEO created the bag for the working women. Just for rich women to have extra space

[@brascoejohnson5464]

That's what happens something becomes popular

[@houda1168]

V true

[@Ana-ty8sl]

Its sort like Ray-Ban sunglasses, you could buy them at any gas stations in the US... For less than ten bucks.

[@margaritam.9118]

This video convinced me to buy a straw basket.

[@ebonyberry4900]

right ! 🤣 straw bags here I come

[@cindybotones328]

Margarita M. Much better hahaha

[@divinacardenas84]

I died! LMAO

[@meliams5661]

and bumped into prestigious world-class designer

[@zeekly614m7]

LMFAO!!!

[@AayushSapra]

killing animals, using their skin then calling it pieces of art work. nice

[@wheretheyhaveribs55]

Whatever.

[@MikeGlasses]

Animals bred for this specific purpose, if it wasn’t for their leather, they wouldn’t have even had a life to live in the first place

[@nurbatrisyiabtkhairulanwar3808]

@@MikeGlasses yeah I hv to agree with u. Humans who r known to be monsters will find any other functions if not bag itself

[@MikeGlasses]

@@nurbatrisyiabtkhairulanwar3808 farming for leather tends to be better for the animal as well, then farming for meat. They let the animal get as big as possible before death, unlike cows and pigs which have to be a specific weight when shipped to the meat plants. Plus if im an alligator i rather be turned into a $100,000+ bag, then be turned into someones taco meat.

[@blankpaper7903]

I love the kind of leather from an animal that is 1) very well taken care of and 2) named.

[@owo3051]

I just love how they(basically stangers) just sat down together in a plane and just made bag designs. That's kind of a wholesome bag origin 😅

[@DanielIles]

Thieves be like *empty out your purse and gimmie just that*

[@chevchelios3904]

haaaah!

[@susanmurphy958]

Very funny Daniel. ❤😂🐾

[@ashleyk683]

Daniel Iles 😂😂😂

[@shoran93]

Hilarious

[@Ray__E]

😂😂

[@nathandubay5716]

“Not even Kim Kardashian has this”. This is the standard we’ve set for ourselves now... Lol

[@shomero8334]

You are totally right. Since when The Kardashians are the new standards ? Good lord!!

[@blingblaowburrr]

yeah!! i was like ?? so?? 😂😂

[@briellericker8569]

he literaly seems like the creepiest weirdo ever

[@anyat5269]

jefree star has it

[@yasssgawwwd5643]

I believe the kardashian mom own one Himalayan as I believe Jeffree had owned the other.

[@Thevelvetrope1983]

I once worked in a store where these bags were sold. I saw a lady being sold one and thought to myself “this is almost sinful”, but the more you sell the more money you make. It’s a beautiful bag but definitely wasn’t worth 40,000

[@worldview730]

Not if your Elon musk, worth over 184.00 billion $ he spends that for dinner for 2

[@thatfroginpeppapig2543]

I like the guy who bought the 500k bag, he is honest about chasing clout and he actually uses the bag as what it is for... a bag. Praises for this guy!

[@ibrat27siddiqui]

Spot an albino crocodile Scientists: it's rare Hermes : let's make a bag out of it

[@generationx9294]

*smh*

[@samhayet4286]

Karma: Let's make a garbage bag out of Hermes after he keels over.

[@MelaniaRose]

In Australia some fashion houses have bought out croc 🐊 farms. In some areas the Croc population has exploded.

[@CourtneyDefuria]

It's not rare. The Himalayan bag is made from Nile Croc and colored to look white/natural.

[@samhayet4286]

@@CourtneyDefuria Does it matter? That doesn't change the fact that so many animals are slaughtered. It's not even done responsibly like for food or survival. For something stupid like the greed and vanity of trash people.

[@AhmedHassan-uq6qu]

A man bought a lady's bag, just so that people can talk about him. That's a whole new level of attention seeking

[@novaexx6587]

He also wishes to sell it for 2 million dollars...... but he uses it all the time, lowering its price as he damages it and wears it down... 🤦‍♀️

[@syndi301]

The mind is a terrible thing to waste

[@beautifulpeople7233]

it's called narcissist

[@Nofiveyearplan]

Ahmed Hassan people are that thirsty for attention these days lol

[@missysanz9078]

He was probably ignored by the other kids growing up...

[@Vospader21]

Short answer: the reason they’re so expensive is because Hermes is brilliant at creating fake exclusivity. They’re value would plummet immediately if someone just stole a bunch of them and gave them away on the street. Anybody in the mood for a heist?

[@MargaritaMagdalena]

What is real exclusivity?

[@jujualex5721]

Yes but also, the craftsmanship necessary to create such a bag is astonishing. These artisans train for years, construct the entire bag upside down, turn it over, paint it, buff it, polish it. Like when you look at it up close, it really is magnificent. However are they worth 500k, I'm not sure lol

[@anemptyspace]

Yess let's do this. At first I was like "meh OK it's just another expensive bag", but when I heard that they artificially create the 'rarity' of the bag by not selling it outright (like all that bullshit with being lucky enough to get one offered or gifted) I was so furious. Let's steal all the bags, then burn down the factories and then just give the bags away on the street.

[@mulsannestraight]

Designer: Lets make a profit sell it for 50k Resellers: Why not add another zero, the losers will pay

[@Alex_Aramayo]

Ur stupidity is mind blowing

[@AB-xe6ci]

500k is resell not retail, there’s a big difference. That’s like thinking supreme makes a shirts that’s costs $1000. No. They cost $36 and resell is $1000.

[@abirmef9510]

Totally

[@qtaro-7097]

i wouldnt call rich people losers tbh

[@suizidesamurai3353]

@@qtaro-7097 They are.

[@luvahadowsdolls]

The fact that you have to be "invited" to buy a bag and you don't even have a choice as to what kind it is, despite putting down a mortgage for it, for some reason, annoyed me to the highest degree.

[@nequeox618]

Same with expensive Ferraris. Some models you can't buy. You need to own already a few others and if you're considered a good costumer Ferrari might offer you to buy their newest model. 😅

[@Dr_Mantis_Toboggan]

For some reason I wasn’t super annoyed until Mason started talking about 4:24. Like shut up Mason.

[@Irkkan]

Business is business.

[@kyll5552]

That’s part of the excitement. And some people can afford the bag without getting a second mortgage.

[@Gogugogugogu]

well, Rolex is heading in the same direction...look like you only need three things to live well: air , water and suckers.

[@0389BA]

So he drops $500K for a bag just to get attention 🤦‍♀️😂

[@roshnipal3583]

Either he is too dumb, or too smart 🤣

[@imeann...]

unhappy much?

[@andreblackaller3560]

0389BA As Trashy and Gauche as it gets, keep it classy Florida 😂

[@jasontacata6768]

Investment

[@jesssik9326]

He's so superficial and stupid too.. just for a fk bag This world is going insane

[@peacedeepsleeprelaxation2677]

Just spent 8 min to see the reason why its so expensive.. still waiting.

[@kirk1007]

It became an even bigger status symbol due to one beautiful America movie star named Grace Kelly. The Hermes bag called the Kelly

[@MargaritaMagdalena]

I think it's because it's made of crocodile skin with a very light color, which took a lot of breeding to produce.

[@shariragonzalez6106]

Because there are idiots willing to pay for it, to make themselves feel important

[@eclipseseashore]

Its because of demand bff, more woman want the bag = the more people are going to work on the bag, the quality and the materials also factor

[@eclipseseashore]

Its because of demand bff, more woman want the bag = the more people are going to work on the bag, the quality and the materials also factor

[@stenchaholic]

I bought a pair of 9 hole back in ‘93 for $75. They were the most comfortable shoes I ever owned (after break-in period of course) and I wore them for 15 years. My 17 year old niece just got some and honestly they seemed the same to me. Glad to see them popular again. Made me consider getting another pair, even though I have no need for them, because of those fond memories.

[@jenniferhuang3396]

The guy that paid $500k for his Birkin was so pretentious it made me want to cry

[@brianda5793]

Jennifer Huang lol right he said he uses it for pictures and to get followers lol 😂

[@abigailf6021]

Those bags can double, triple, quadruple, over the years (especially if they are limited edition) 👀 so I’d say it’s worth the investment. 💁🏻‍♀️

[@jenniferhuang3396]

@Mrs. Arthur Morgan with that logic, you're pretentious too

[@lunarwarrior1614]

He wouldn't get a hot chick in that photo otherwise lmao

[@mimimorphine6969]

I believe it's jeffree star who owns it actually

[@le_playground2944]

The 500K bag costs more than Yale tuition for four years.

[@LS-fr6if]

Jay Rober right because everything is because of those stupid feminists, amirite fellow boomers?

[@clarakoesler4152]

@Jay Rober Guys buy the bags too... Also if it's they're money and they worked hard for it, they can spend it how they want. The only bad thing is when they just get money handed down to them, and don't work for it.

[@maevadim4548]

Holy shit why would Yale tuition be 500k for four years thats beyond insanity

[@incognitomode2616]

It’s not a de evolution of women, it’s just bored rich people buying these idiotic status symbols in order to make themselves seem important.

[@xanfavorite]

instantmisosoup cuz your poor no one cares about peasants

[@samantarizzi248]

I just love how Jane Birkin used hers. She wasn’t afraid to use it and she said it on many occasions that bags should be used and loved, otherwise why buy them?

[@TheFiown]

The bag design actually existed long before Birkin, it was called the 'haute de courroi''. It was designed to hold riding boots. In order to make the crocodile one you must first go to the crocodile farm, it's an interesting place to visit, concrete pits are everywhere and usually way too small to hold the animals who fester in green dirty water all day in the sun but don't worry they are given food to keep them growing. The next step is quite difficult, you have to drug the animal to make it more compliant then holding it down you push it's head down the edge of the table and shove an iron bar through a slit in the back of it's neck and all the way down it's spine. This holds the pattern of it's scales in place which is very important as they figure largely in the finished design of the bags. The crocodiles have to be alive when this happens but they die in an hour or so and of course their mouths are bound so they don't make any annoying sounds. Hundreds of animals are skinned each day as the demand is as great as the control of the sites are innexistant. In the end you have a lovely holdall for your ipads, iphone, lipstick, gun, vibrator or whatever you decide to use it for. The crocodile ones are usually sitting on a shelf all day waiting to earn their living by simply existing. I wonder what they do with the teeth ?

[@augustacorns]

So disgustingly cruel. 😢

[@TheFiown]

@@augustacorns Yes, the dark side of fashion.

[@eveangeline1023]

Is it just me or are these "luxury" bags not exactly aesthetically pleasing? They look like ordinary bags to me. Nothing exceptional.

[@TheSongwritingCat]

It's not just you. If you don't recognize it as a Birkin, the design isn't that great.

[@nicksn6316]

Omg i thought I was the only 1 idc if i have bill gates kylie jenner and gucci money im still not buying that just a overpriced basic bag miss me with that ✌👌

[@dancingforlife1910]

True they're ugly lol

[@apotato8951]

They're pretty ugly 😂

[@MsLee-oh7hy]

Eve Angeline yes the birkin does look like a very ordinary bag! Everyone, their mom, sister n grandma owns a dupe of the birkin !

[@kateringuardia6503]

I first heard of birkin bags because of jeffree star and it amazes me how he always talks about "cruelty free make up" and things like that and then he goes ahead and buys these bags, made from RARE animals.

[@rachkate76]

This. ⬆

[@nats20001]

Thanks for that. I have now unsubscribed to Jeffree Star. Hypocrite.

[@jozic.cooks20]

Jeffree star is full of shit and a hypocrite

[@letsgetweird9004]

The bags were already made tho.. I mean it's a rare bag

[@thea5025]

Hes not vegan or anything, he just makes his makeup to be vegan so everyone can buy it, vegans or no.

[@djeechizzy9818]

This video got me hooked, and now I’m determined to become a billionaire in just two years! 💪💰

[@leahmolly9150]

That's great! I'm motivated too! How can we achieve this challenge?

[@bunnyvibez4864]

Crypt is intriguing, but unsure how to start? Any trusted recommendations?

[@lindapoplin7150]

​@@bunnyvibez4864Warren T. Sonia is an amazing tutor for crypt0. Highly recommended! She’s been my Tutor and Mentor for past solid 8years!

[@lindapoplin7150]

F A C E B O O K 👇

[@lindapoplin7150]

WARREN T SONIA

[@kaunas888]

I actually lose respect for people who feel the urge to buy overpriced name brand items just to show off and make themselves feel better about themselves, because they cannot feel complete without them. To me it is a kind of insecure shallowness.

[@Bettinasisrg]

It's disgusting and so are the people who buy them.

[@michelleb831]

Imagine me buying a 500,000 purse just to put my 2 Dollar tampons and half bitten cookie in there.

[@mamomoloi4871]

😂😂😂

[@PhotoLabMP]

Lol

[@nishthakaushik4766]

Haha If you had that bag, a tampon and cookie won't be the only thing you would be putting in there.

[@MOTORCYCLES-ANDGUNS]

Your a$$ would get robbed.

[@michelleb831]

@@MOTORCYCLES-ANDGUNS nah.

[@euphoriaeuphoria75]

The bag were meant to be functional but the irony now is that it's being locked away in a vault. How absurd is that?

[@Neha-ue3uk]

Oh yeah true wtf

[@ugommaokorie1660]

EXACTLY!!!!

[@zhisu2665]

they're also pretty heavy while empty so its less functional. it's a common complaint by those who use a smaller one.

[@nsbioy]

same for fancy cars: many fancy cars are rarely if ever used as intended

[@riptheripper9060]

Great journalism on this story. 👏👏👏👍

[@CaraherBeed]

His bbkbags tote is beautifully colored, very sturdy and the perfect size. Not too small, not too big. I look forward to joining my rotation.

[@kiamarie1006]

I bought a bag off amazon for $10 dollars. Has a zipper on top so nothing falls out. 🤷‍♀️

[@yasssgawwwd5643]

Kia Mullins I have a ziplock;)

[@anarchsnark]

Good for you

[@meki8535]

I carry my stuff in jacket pockets ;)

[@javenpace1855]

Period sis!

[@kaonashiyakuza]

PREACH.

[@kylasalazar6117]

Jane Birkin doesn’t even use the birkin bag anymore.

[@faithblack3851]

Did she get paid for her name?

[@catalinagatita]

@@faithblack3851 I hope so.

[@aaronsanderson4616]

Yea she didn’t like it cause it was animal cruelty

[@catalinagatita]

@@aaronsanderson4616 omg good for her! 😀 😭 When they said that albino crocodile part I was like "uhhh, I'm sorry, but what what now?!"

[@aaronsanderson4616]

Emmanuel E I feel so guilty cause I own a couple of them 😬😭

[@Belva34Polemeni]

I still love my LV reverse monogram hotdups clutch! It's versatile, fits a variety of items, and is definitely a workhorse! I think seeing it everywhere (like the LV speedy) is proof that it's already a classic.

[@chanderkanta3416]

Berkin bags are really spacious, good looking and luxury bag. I liked it the most

[@seling7319]

So kill a rare crocodile to make a bag .... these people have genuinely lost it

[@eduardochavacano]

the husband must be very ugly. they have to kill rare animals for feel better about themselves

[@noway9531]

for real

[@odapty]

True

[@nicolalocke5409]

I'd rather the alligator was still alive

[@nicolalocke5409]

LuLa 6669 RRkks nice try, go fish some where els. I ain't biting.

[@Ken-no5ip]

It died of old age, so good luck woth that, Mr. Freeze

[@nicolalocke5409]

SP1TF1RE considering that it's a rare animal I highly doubt every bag made using albino alligator died of old age. Especially as they don't survive long in the wild. Every species of albino animal/ humans(in some counties) have been taken and sold for a large amount of money. A market creates demand for a rare item, you bet there will be illegal Poaching.

[@hindsightpov4218]

It’s not particularly likely they waited for the alligator to die of old age before they skinned it for a bag. Aside for supply meeting the demand at the scheduled time, animals are usually killed at a certain age when their skins or furs are considered the most optimal condition for it to be considered luxurious. For example, some items have soft calf skins as opposed to tougher adult cow skins. Some animals are killed young while their fur is soft because it gets coarser as the animal gets older.

[@lilsnowflake5240]

Well..i dont want to get bite by them

[@ahnahanafi5092]

The guy bought it for content and honest about it. I respect that.

[@gloriahanes5338]

My go to bag is a Stone & Co. bag by Kohl's in leather of course, it has been my favorite for decades at a fraction of the cost of a Berkin bag.

[@bcarroll03]

This proves how incredibly ridiculous we are as a species

[@o.o9709]

eh we gotta boost the economy some how

[@sylvetteslavika5930]

We kill to show it off. I hate being human.

[@whoa8363]

Hjmmkmm nmSylvette Slavika a,zX ZCcB b. Bn

[@democraticdialogue7271]

my mother is religious and she would say its a sin to buy a bag for so much when that money could be and should be used to buy food and medicine for those living in poverty.

[@qtaro-7097]

tbh this is not marketed for common people like us.

[@reece2087]

They look like old surgical bags doctors used to carry🤷🏼‍♀️

[@Mataylor17]

Reece 20 yes!

[@millsykooksy4863]

So true

[@Ybiang40]

Was about to comment that. Haha!

[@monicasanchez8380]

Reece 20 😂😂

[@fairfight9857]

Omg can’t unsee it!

[@kailakashi]

Love this video!

[@keeya_ks]

One thing I have to hand to Hermes they are the true masters of marketing

[@dearmaria4654]

Jane Birkin herself don't want anything to do with Hermès anymore coz it's made of animal leather

[@actuallyterry]

Is this true because I read somewhere that she profits from royalties of this bag.

[@dearmaria4654]

Terry H yep, in 2015 she wanted her name removed from the bags dunno what happened to that appeal tho' coz it's still pretty much on sale.

[@PHlophe]

@@dearmaria4654 by then she had made tons of money off off it. until she gives it all to charity

[@rjsmiley89]

Maria Maria lies!!! She rich and happy

[@lilsnowflake5240]

They are made from animal leather but pls know that, from its meat until its bone, fats..all those will be used in many productions. So, it's not only kill the animals and throw all their other parts. Theres a documentary about it.

[@emuuhly]

On God rich people are weird as hell.

[@mrpepero]

ehhhmily theyre blinded by money, but some do take their money and use it well and donate it and stuff

[@ikiraw21]

They and their money ...nothing matters.

[@melda5839]

Not all of us 😂

[@andreblackaller3560]

Adam brown I’d buy myself a 1960 Jaguar XK Convertible all black with the original white faced tires and the V12 engine, not an alligator bag with white gold, this man is the definition of new rich, so Gauche I want to cry.

[@user-lb1op2gn9d]

Mr Sid If u were rich I doubt you’d donate Jack

[@brijeshshukla4696]

I wouldn't be surprised to see a version of it being sold outside the Herald Square station in NYC XD

[@EbonyJoneskuye]

These bags have an amazing resale value so I wouldn't mind one.i read someone resold their bag and got double of what they paid.

[@roxanatorres5235]

The only thing I could afford in this video was the straw basket.

[@maricamila6599]

Google Jane Birkin with her straw basket. She looks better with her basket, than most Birkin bag colletors telling the world how rich they are.

[@hindsightpov4218]

And you would look more like an evolved and civilized person with that basket bag.

[@BretonInTokyo]

Jane Birkin herself said that the bag is overpriced now and has become a ridiculous status symbol. She was on a Japanese TV show a couple of years and they presented her with a Birkin bag. She said something like "This bag is meant to be used, and worn out and live. You stuff all your things in there. This bag is too new , too stiff ! Let me show you!" She then stuffed some magazines and things in it, put it on the floor and started stomping it and jumping on it. The TV hosts were screaming ! She then handed them the bag back "There ! you see! It's solid! It won't break! It's supposed to be used and live and be mistreated! It's not just a pretty thing!" All this from the woman who inspired the bag.

[@NekoNebula1313]

I've literally never even heard of this bag until now . Funny how poor people things inspire rich people.. it's so stupid lol

[@Alex_Aramayo]

This 1 origin makes u think "poor pple things inspire rich pple"

[@cartment]

I love the creator behind this video. A job well explained

[@eldoeldon8131]

I admire the man who managed to convince the rich idiots to buy this bag...

[@bibletwink666]

Those rich idiots sell it later and make massive profits.

[@eldoeldon8131]

@@bibletwink666 Sure...

[@bibletwink666]

@@darnit1944 re-read my comment.

[@bibletwink666]

@@darnit1944 my comment is literally about them making money, so therefore they aren't idiots.

[@bibletwink666]

@@darnit1944 the original commentator called them rich idiots. Don't take everything literally.

[@tripped6956]

Even if I was rich, I wouldn't waste my money on this

[@normielovesalot3538]

It’s technically an investment. Like he said on the video a lot of those bags are seen as more solid investments than gold. The value of them has increased 500% that’s an INCREDIBLE resale value. That’s why a lot of people don’t even use them they just lock them up. In ten to twenty years you could sell a 30,000 bag for more than 100k.

[@Anthony-dk7de]

Bubbly Lovesalot know one knows what the market will be in 20-30 years

[@alethacates2497]

Most people don't know what they would waste money on until they have an abundant amount

[@tripped6956]

@@alethacates2497 yeah true

[@Brucehumphrey]

You wouldn’t. Because you don’t like handbags. There are people who are passionate about collecting items, and bags is one of them. It’s like a hobby for them. Nothing wrong with that.

[@SlowMoebius]

I'm going to guess that those employees were making much more off of counterfeiting than Hermès was willing to pay them.

[@user-zs9ek1bx5z]

🙂 *the right bag is the bag you "love" due to own acceptable personal reasons and purpose... not by its brand nor price... even its luxury or not, overpriced or a discounted price - as long as you love it...* ❤

[@aralefay]

Funny fact Jane Birkin herself wants her name removed from this product and also claims to have wrist problems because it's too heavy

[@mariumnausheen7888]

Lol hermes really did fail now ots just a status symbol

[@nurtured-channel2953]

Really?

[@YorrickLiu]

in July 2015 she published in the presse that « Ayant été alertée par les pratiques cruelles réservées aux crocodiles au cours de leur abattage pour la production des sacs Hermès portant mon nom (…), j’ai demandé à la Maison Hermès de débaptiser le Birkin Croco jusqu’à ce que de meilleures pratiques répondant aux normes internationales puissent être mises en place pour la fabrication de ce sac », which is translated into "Having been alerted about the cruel practices done to crocodiles during the production of Hermès bags bearing my name (...), I asked Maison Hermès to rename the Birkin Croco until better practices meeting international standards can be implemented for the manufacture of this bag " so she asked to remove her name only from the birkin bags made of crocodile

[@marcorodriguez1654]

I heard she is old and

[@Teleman01]

Hermes is laughing all the way to the bank. I wonder what their actual COST is on one of this 100K bags.

[@hindsightpov4218]

No doubt a tiny fraction of what they charge.

[@AdamSmith-gs2dv]

At most a $100 if they make them in France. If they make them in China probably $30

[@muhammad5978]

They are made with the skin of rare alligator with real diamonds n gems And let’s not forget that they are handmade

[@dreamcatcher75418]

@@muhammad5978 not the best argument... I can buy handmade jewelry at my local market for under $20.

[@stevenw2933]

Regular high quality calf skin and non precious metal hardware for 300-500 dollars and then 80 hours for labour. How much that labour is depends but in france at the hermes workshop maybe $40 an hour. So its already around 3500 dollars and if you include logistics and marketing (not advertising because they dont need to) its maybe $4000. Lets say retail is around $12,000 their gross margin is 200%. Not too crazy for a high end luxury item. They really make the big bucks on the accessories and houseware you need to buy before you qualify for a birkin which probably has much higher margins. Flagship items for luxury brands are often not the big money makers but contribute to the overall prestige of the brand. Its the $500 made in china hermes branded slippers that will really get you.

[@AmbroseGilmore]

The variety of textures in the *yutulux* pack is impressive. From smooth leather to textured suede, there's something for everyone.

[@maryngshwuling9916]

Thanks for sharing 🌻

[@leslierositag]

literally take off the brand name & these look like bags you’d find at your local thrift stores .

[@asmrlacedwithpearls4310]

strawberries & cream or Ross lmao

[@leslierositag]

ASMRlacedwithpearls yes !

[@fishbuddy547]

Your profile picture is cute. Is it from something?

[@leslierositag]

Fish buddy thank you ! I got it off of an Instagram page !

[@endiya.]

THANK YOU!!!!

[@svideos5754]

Things are expensive because people want it to be, it’s not about quality, hard work or design

[@manicpepsicola3431]

Like the people who made the bags got arrested for making them themselves in their own time which is honestly kind of strange

[@harumi8408]

makes no sense. high quality things are worth a lot. have you seen gucci bags ? high quality. i'm not so sure about hard work but design is everything. if something has a more simple design as opposed to something that isn't so simple, it's not going to cost as much as the one with the more intricate design.

[@Natalia-hf3et]

Good point

[@GigaChaadam]

So true. Goes for anything that is ‘exclusive’. People are willing to pay anything to be a part of that. Remember the flappy bird game? The original app got removed from the AppStore and only a few iPhones back then had them installed. Those iPhones were then sold on eBay for 5-10k because of how exclusive the game was. And it actually sold too. How dumb is the world. Really.

[@begreater226]

yes, supply and demand. even the original "low" retail price of one is can not be justified...

[@tanvi_k8566]

i'd give more to see an albino croc alive.

[@kalingbasumatary7244]

Incredible products of incredible brand... Who would not love to have it.. wonderful and lovely creations.....

[@Diana-dw6hk]

They say that workers train for years to start making a Hermès bag, yet the people making counterfeited bags are hard to distinguish from the original just shows that the price mainly comes from the material and brand.

[@maranaomi8235]

And not necessarily the materials. The higher end knock offs are the exact same matterials, but still cheaper.

[@nerychristian]

Maybe ex-employees from Birkin make their own counterfit bags.

[@benshalev878]

Hanh not even the material, the price comes from stupid people. U can buy leather bags for 500$ even less

[@MrSidkhan1]

Lol crocodile skin is not even expensive, u can pik a skin max for £900, rare skin so to speak, itz all hype and for zombie sheep

[@daddyshoneygirlusa7030]

It is all about marketing and convincing fools to part with their money. Little intrinsic value, just about :status". Burkin bubble will burst eventually....

[@zuko1569]

*Thief steals bag _$500,000 gone_

[@rachidaitcherif2572]

Heart attack

[@mccabe8818]

Your profile pic is a perfect reaction of the stolen bag

[@campkira]

insurance..... people that right can afford the insurance...

[@steph.li3]

Zuzu if they sell it they’d be easy to track down

[@animewatch4213]

Lock the real one in the safe as an investment. Use the fake one outside.

[@TyroneKelly-yl3is]

Absolutely love the coat you are wearing! and the *yutulux* bag !

[@bobafett5194]

This video could’ve basically been shortened to “Hermes artificially reduces the supply of the bags to make people pay insane prices for them”

[@noricoco4695]

That still would be too complicated for this comment section to understand.

[@orchidposa]

sounds like the business model beanie babies followed in the 1990s

[@nairobiyussef]

I love *luxdups* handbag. The leather is buttery soft, durable and the design is timeless. Every time I use my *luxdups* handbag, I feel like I own a work of art.

[@figelgarnel8864]

If you spend $500k on a purse, what are you doing

[@sylvetteslavika5930]

They dont use it. They just put it in their vault/collection and show it off. Waste of money. Animal cruelty. Useless bag.

[@mrpepero]

They have “spare money”

[@Rose-bl9df]

well its a big investment people buy it because it has resale value but still its not okay to buy a bag made of a rare animal OR any animal

[@jLo4sho]

They are failing at not being stupid...that’s what they are doing.

[@diegoteixeira2003]

Rose Bruhn Bertelsen why not?

[@joycenash372]

I went to the Salvation Army and got three purses for fifteen dollars. Good condition, leather, zippers and in the three sizes. Say what you want, you have to know how to shop. I also bought to patent leather purses they used to carry in the 60's and 70's. Those are rare. I just need to carry everything to get me to point A to point B along with my mace and other protecting things......

[@Dark_Red_Echo]

“Hermes has created something inaccessible, and thus, highly exclusive”…At least they’re honest. It’s amazing how false scarcity can trick people into buying a bag at ridiculous prices, that they don’t even get to pick the color of. There’s nothing particularly special about these besides the fact that the company makes them hard to get. The minute I heard the phrase “if you’re lucky enough to be offered one…” I was like NOPE. You’re not doing anyone a favor overcharging them for a purse. That attitude is MAD classist and is not gonna age well. It’s a lot like diamonds-They’re not hard to find, they’re actually very common, companies just don’t mine that many to try to keep the price up. There’s a reason a lot of younger people don’t buy diamonds-I honestly feel like they are kind of tacky a lot of the time. These are beautiful bags, but I’d honestly be embarrassed to be seen with one of these right now. 10% of the population of the United States is facing eviction because of money troubles, and you have a bag that could pay their rent for years, that you don’t even carry? Yeah, no.

[@beccaxannxx]

Yeah I mean that woman having 100's of them in one closet, filling her shelves....that's actually embarrassing...

[@nickgehr6916]

*Paris Hilton's chihuahua gonna poop in it*

[@lovethatforme]

Zenn Lozanno he died long time ago :/

[@hswift8429]

Yessaass

[@andyc254]

If she does have a Birkin with her dog's poop it's probably worth even more cuz you know people will pay stupid amounts of $$$ cuz a celebrity owned it!

[@jamaldasauce9040]

Zenn Lozanno 💀💀💀

[@susanurbanczyk9084]

I used to design shoes for a luxury brand that were made by hand in Milan. I understand the manufacturing costs. I can confidently say that no bag is worth this kind of money. It is a huge scam that Hermes controls even more by keeping the bags "scarce" and only inviting you to have the privilege to buy their overpriced bags.

[@larryfoster8820]

Whats the highest cost of the actual production of the bag?

[@Classyk99]

@@larryfoster8820 I don't know about their handbag ... but they also make saddles .. The saddle run about 5k per saddle , they are okay quality. I can buy the same calf skin saddle in Argentina for half the price. ... And finding USED Hermes Saddles , mostly out of California , because people are label whores. will sell a slightly used Hermes saddle for 1500 to 2k . So i can get a WHOLE saddle used for 2k but the Hermes bag cost 500,000 Yeah i will NOPE out of that. Also Hermes sells horse brushes , regular price 10.00 Hermes cost 225. it is just huge price gouging .

[@larryfoster8820]

@@Classyk99 how much is the damn cow?

[@lustrousandlovely6847]

Great fact. I already knew but its nice to get more reality check from insiders like you.

[@susanurbanczyk9084]

@@larryfoster8820 It depends on who is making it. I could buy something that was going to cost the consumer 500 dollars for 45.

[@virginiagrundman4012]

I have 2 Birkins. Bought them about 25 years ago in Paris. They've held their value.

[@joymae]

That Dave guy is seriously so embarrassing, he bought the bag literally for attention

[@santuccipontarelli3763]

Joy Mae - Millennial Money Talk he's a closeted queen

[@1x403]

He may be embarrassing but he’s making alot of money

[@alexanderbarcenas6224]

Doesn't the majority of people(mainly women as far as i know)buy these expensive ass ugly bags just to show off?isn't that the whole purpose nowadays?,i don't really see people with their really expensive bags trying to do some sort of work like before

[@its-violet]

That's why everyone buys them.

[@vybl08]

No he isn’t lmao

[@safasfoosh1029]

They killed a rare animal to make this for psycho people? This should be illegal

[@quinnmelvin6844]

Apparently the animal was actually kept in captivity till it died of old age.

[@Teletubbiez]

Safa Sfoosh Jealous?

[@SusanMinhTrangNguyen]

Safa Sfoosh I agree! So sad 😔

[@adamamin509]

true..the poor are told to take care of rare animal and the rich can easily kill it to make a bag

[@edelleaa]

i doubt they would go out of their way, or be allowed to kill a rare animal, most likely bought the skin after it's death

[@SebastianJArt]

It’s called “perceived value”

[@MargaritaMagdalena]

All value is perceived.

[@SebastianJArt]

@@MargaritaMagdalena Not really. In a meta detached non-physical universe - perhaps. In our physical reality you are utterly and completely wrong: there are values and qualities such as ergonomics, anthropometrics and oh yeah MATERIALITY - each material having its own harvesting method, lifecycle and physical properties, such as waterproofing or electric conductivity. If you have nothing but apathy for physical life, then I suppose your silly bromide is comforting. If you want to enjoy life, fostering discernment in quality and value is an excellent idea - give it a shot! There are lots of informative videos on all aspects of design and construction of civilization as we know it on KZbin.

[@MargaritaMagdalena]

@@SebastianJArt That was cringy asf dude 😆

[@SebastianJArt]

@@MargaritaMagdalena lol how eloquently retorted. You’re real smart eh 🤣🤣🤣🤣

[@MargaritaMagdalena]

@@SebastianJArt You sound like you still live with your mom 😆

[@mayalord984]

Good to know information ❤

[@michaellovely8751]

It's just a handbag! In itself it has no value. Only people create it's value just like diamonds.

[@pierre-jean-jacques3050]

Diamonds came to mind for me as well. I will never understand the hype of wanting "limited edition" or "exclusive" items. It's such an obvious marketing gimmick that it makes me not want to support company/buy the item.

[@MrSidkhan1]

@Ice Distroyer true, sheep like paying for anything, esp hype

[@6ixConfessions]

Michael Lovely well said. Just because someone who is popular says that they like something or has something all the other people who want to be like them or out do them are quick to follow suit. The same thing happens with art. If I was given a Birkin bag I'd sell it in a flash & buy a whole new wardrobe or a new car or house or a new lung or spleen.

[@Pyxelles]

Though l agree with ur statement, l disagree with diamonds. Different leagues. Natural diamonds are natural made and are rare because they are created by the transformation of carbon under extreme pressure over hundreds of years. They’re not easily accessible and common- deserve to be expensive. The bags are are man made!

[@insightful3773]

@@Pyxelles Diamonds are far more common than you believe. They are stockpiled by a cartel and released in a slow drip. Gold, for example, is actually rare.

[@JustEndah]

Hermes marketing moves were genius. The buyers are just obtuse, insecure showoffs. Lol

[@Kigoz4Life]

+1 agreed

[@theforceisnotwithyou]

Not to mention that some of these are truly. Ugly. Like some look pretty nice but the Himalayan design is horrendous.

[@tapacalaresa3765]

Rip Jane Birkin, a name forever iconic

[@kaunas888]

There is something about taking a product which is nice but not amazing and making is really really expensive, and then on top of that then making it artificially hard to get, which magically turns that product in something "amazing" and "magical". Suddenly everyone is gushing over it, but if it were reasonably priced and actually available for sale, then the same folks would just say that it is nice and nothing more.

[@phoenixfritzinger9185]

Wait so you’re telling me that Jeffery Star has like a billion dollars worth of diaper bags?

[@yasssgawwwd5643]

Moira O'Deorain I’m confused :) what about diapers? Jeffree loves his collection and I think it’s something he’s desired in a way even when he was not wealthy. He had always had a high fashion eye.

[@babysunshine70]

😂😂😂 This is my favourite comment on this video. Hahahaha

[@ariyanapuri938]

Moira O'Deorain basically

[@ctinocco]

Everything is worth only how much a person is willing to pay for it!

[@charlesbukowski6455]

Wow, you must be some sort of revolutionary economist. Exemplification of such astute intelligence in so few words in which the likes I’ve never witnessed. The epitome of ingenuity, if you have a spare minute might you be willing to explain in greater depth what it is that you mean by such a prophetic statement? Thanks in advance for you work.

[@starlite556]

Anthony, Wow, you really got triggered . You must own stock in the joke of a purse that only idiots would buy.

[@charlesbukowski6455]

starlite556 Wow, what a fine exhibition of what is clearly a revolutionary psychologist, and a perplexing illustration of perceptive adroitness when in observance of my behavior of which the likes I have never seen! Sir, if I may ask only for a moment of your time, to allow you to explain how it is that you came to such a monumental conclusion with such modest amount of material to pull from? Thanks in advance for all of your work.

[@BeautyOutspoken]

I mean it’s kinda also based on the kind of material they use. They use expensive and rare material, have a high markup and good branding. Just business

[@yourfavoriteclaymationpeng2926]

And those purses are selling very well.

[@grahamlance1234]

so what thing will you store your thing holder in? what is it about the people involved and their associations that make it so valuable? a lot of people could set out to make a good feeling bag by hand and pull it off.

[@mppdidi9436]

Nice timepiece :-D

The tip for spotting a fake bag that the guy gave: "the leather must feel luxurious" WTF does that mean!

[@daliaserhal3359]

Andrés Cevallos guess it means they massaged the alligator before skinning it alive... rich ppl r sick

[@benjaminlyall7108]

I mean you can tell when cheap leather has that plastic feel to it

[@Shontise_Shonie]

Andrés Cevallos 😂😂😂😂😂

[@sof7068]

Dalia Serhal what the leather thong means, is that it should feel like real leather, because fake leather usually feels "plasticky", if you know what I mean.

[@queenshad1161]

I think because there are 2 main types of leather. One is made from the epidermis which is the top layer of skin, very strong but soft whereas cheap or “genuine leather” is made from the dermis which is very stretchy/wears down easily but can be coated with plastic to make it look more like the top layer/ the full grain/top grain leather.

[@axlk-hq8qf]

imagine being proud of killing a rare animal to make a """"status symbol"""

[@bruh2136]

imagine defending inferior species of animals

[@yesim9941]

why nobody is talking about that?

[@tejswitashewale]

Whatever it is, I so happy with my red handbag which I purchased from local store. No one care how much costly bag you have, rather i would prefer going on vacation

[@PayUntoCaesar]

The potato queen in black with neckercheif is precious. My fav is the super feminine pose with

[@inmyglowupera]

Jeffree Star: my makeup is vegan Also Jeffree: look at all my animal skin bags

[@cien0172]

But jeffree himself is not vegan. His makeup is vegan for his vegan fans. Not for himself

[@brendengonzalez2769]

Jose H. When has he ever claimed to be vegan lol nothing new

[@inmyglowupera]

@@brendengonzalez2769 I know that, I do watch him. I'm saying the juxtaposition is funny. It'd be cool if he followed what he preaches, because everything else aside, animal cruelty doesn't just stop at makeup. If you've ever seen videos on how they get the animal skin/fur to make designer stuff it's fucked up.

[@inmyglowupera]

@@cien0172 I was just pointing out how funny the juxtaposition was. He cares about it being vegan for the wrong reasons, he clearly doesn't care about animal cruelty if he's buying all those animal skin handbags. It's clearly his life but it'd be cool to see him learn about what it is he's supporting when he buys animal anything. Regardless I'll still watch Jeffree because he's entertaining af

[@brendengonzalez2769]

Jose H. You do have a point, I’ll agree with you there

[@tiedye8285]

Imagine the workers that created the bag using no fancy gloves just their bare hands and probably throwing everything around and yet the buyers out here wearing special gloves and handling it like a hair strand.

[@syndi301]

The workers deserve credit as well and who catches this leather?

[@stargirl1613]

Finally got my Hermes Birkin bag. It's definitely not 500k though 😂 I got the cheapest one which was pretty expensive lol. I love it though, every stitch, detailing. I love it ❤

[@strawberrykun6136]

Having this is the dream 😍

[@cristianm.310]

If the fakes are getting so good you can't tell the difference, does it really matter?

[@neanam]

Yes Blockchain technology will solve that check out Morpheus Network if you want details

[@misspellings]

I don’t think it matters. Nobody cares what bag you’re wearing unless you’re meeting crazy bag ladies or a man who actually knows bags.

[@neanam]

@@misspellings it's embarrassing having a fake bag if you suppose to have a real bag...

[@misspellings]

twistr In general, most people don’t care what handbag you’re wearing. Nobody cares if it’s real or fake. It’s only a girl thing and boyfriends/husbands buying gifts.

[@misspellings]

Ragnhild The counterfeit industry goes beyond luxury handbags which includes cell phones and all electronics, car parts, food, clothes, and prescription medicine raking in 260 billion dollars. In addition, politicians who participate in collecting bribes from pharmaceutical and oil company executives rob the public people. Just my opinion, but it is difficult to point out who the bad guy is now today.

[@heysquimble]

the irony is expensive brands looks too basic lol like i cant see any "luxury" values in it. and some things with no brands could look so expensive but it's actually cheap.

[@a.c.7573]

That straw basket looked so much cuter tbh

[@theresamay9481]

How come they never show the inside of the bag? what's it made of and how do you replace it if necessary?

[@BirdPeopleArentReal]

"The quality of knock off has really gone up, now it's hard to tell the difference between real and fake" Really makes you wonder about the need for expensive handcrafted accessories, huh.

[@jjba3571]

Exactly, you can not fake gold or gems, they have real value...not this bags or clothes

[@portapotty69]

It's like any other piece of art. The value is established by people who care about art. Just stay in your lane and keep wearing your Walmart jean shorts.

[@juliangilbey1883]

@@portapotty69 💩💩💩🤡🤡💩💩💩

[@portapotty69]

@Isha Biswas Go buy a $4 handbag made in a factory by slaves in China. Don't get mad at me because you're a simple-minded peasant who can't appreciate design and craft.

[@subhabaskaran1849]

@@portapotty69 damm you must be one of those people there are plenty of expensive crafts we should appreciate but this is pure garbage

[@beth-bi9yv]

People are ridiculous. Honestly...I have more respect for someone who uses a reusable grocery bag as a 'purse'.

[@noricoco4695]

No one in their right mind would use the Himalayan as a purse unless it was a very carefully orchestrated flex. You're basically saying you have more respect for someone who collects framed magazine clippings than someone who collects fine art, because you think it's about the art and not about the investment. Basically, you're saying you have more respect for someone with no financial acumen than someone that invests wisely and diversifies their portfolio.

[@spunjbob]

haha congrats, so edgy of u

[@bruh2136]

@@noricoco4695 I mean art is subjective, you might think that the mona lisa is great, but Jeremy, your next door neighbor might think that the mona lisa is not worth a damn penny. Art is just a subtle flex. But yes I overall agree with your statement, why would you respect a broke bum? Most rich people are not born into wealth.

[@odapty]

Yes!!!!!