Investing In Watches Can Be A Better Investment Than Gold. Here’s How
When you think of investing your money, watches and books probably aren’t the first thing that come to mind. But according to newly released research, some fashion accessories could be a better investment than gold.
The research, conducted by HomeProtect analysed 50 items across 5 different categories; designer handbags, sneakers, first edition children’s books, watches and vinyl records. According to the findings, some items have a resale value well over 100% more than their original price.
Here are a few highlights:
- Hermes’ iconic Birkin bag has proven itself to be a real gold-mine, by demonstrating a huge 275% increase in value be-tween 2004 and 2018 – equating to an impressive £8,473 price jump.
- This is closely rivalled by the Chanel 2.55 Medium Flap Bag which has seen a rise of 250% – up from £1,155 to £4,043.
- The Air Jordan and Eminem collaboration, for example, can rake in 2,993% its original retail price of £84
- The Panerai Radiomir which retailed from 25,000 in 2004 has risen in value an average of 13.67% per year and could be worth over £150,000 today.
Link here: https://www.homeprotect.co.uk/blog/hidden-treasures
This project was done in collaboration with antique expert David Harper, from BBC TV programmes including Bargain Hunt and The Antiques Road Trip.
