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10-24-2019 09:45 AM
The above-titled article appears in today’s NY Times. Apparently high-end handbags are being purchased by some as an investment, akin to investing in the stock market. I won’t be doing this, lol. But it’s an interesting read.
I was unable to copy and paste the article from my iPad, so here’s the link:
(If you don’t want to open the link, you can google the title, and the article will come up).
10-24-2019 09:52 AM
Not going to do.
10-24-2019 10:13 AM
@handygal2 I don't think it's anything new. I had a friend once who collected Longaberger baskets because she thought they would increase in value (and it was important to keep the oringinal boxes too).
Not me. I buy handbags to use, and I don't change them out to match outfits or anything. Last night my husband came in and was asking about today's TSV's. I said it was a Comfy Cozy (and tried to explain that to him) and an expensive handbag. Now, some might not consider a $169 handbag expensive since it's not a D&B, but I do. Here's the conversation:
He says "You're not falling for it?"
"No, I don't pay that for a handbag."
"You did once."
"When?"
"That one sitting in the corner that you're not using."
"That's going to be my fall handbag, and I paid $2.88 for it."
I haven't changed over handbags since we've had an extended summer. My summer handbag is a summer handbag mainly because it has a plastic-like outside so I don't have to worry about getting it dirty because I can just wash it.
10-24-2019 11:13 AM
Sometimes I watch Youtubers who focus on luxury handbags. Education, new items, history of the brand, "what' s in my bag" and sometimes re-selling. According to them, there is a market for gently used bags, often at an increased price. You have to know your stuff, and I doubt anyone is getting rich, but there is a market.
10-25-2019 05:42 PM
@handygal2 As with antiques, you have to find the right buyer. I'm not selling any of my handbags anymore because I can't get the right price.
And they don't eat anything and I don't have to pay taxes on them
10-25-2019 05:44 PM
@VenturaHighway wrote:@handygal2 As with antiques, you have to find the right buyer. I'm not selling any of my handbags anymore because I can't get the right price.
And they don't eat anything and I don't have to pay taxes on them
@VenturaHighway : Lol. Good point!
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