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FlyinM3 · 4 March 2016, 05:42 AM

I have donated 3 handbags worth of money to Hermes in the past 6 months.
The price I pay for acquiring a new watch recently

Who here considers Birkins and Kellys can become heirlooms?
Someone I live with tells me Patek and Hermes are comparable.

Alexwwjd · 4 March 2016, 05:47 AM

The rate is not in your favor. The rate I have to pay is 1:1 . But, hey, it's worth, isn't it?

FlyinM3 · 4 March 2016, 06:01 AM

Quote:

Originally Posted by Alexwwjd

The rate is not in your favor. The rate I have to pay is 1:1 . But, hey, it's worth, isn't it?

The rate fluctuates

It's damn worth it though!

rr-nyc · 4 March 2016, 06:32 AM

The resale on birkins are better than any modern watch on the market. I can't recall the publication but they had an article about the birkin being a better investment than the stock market. The problem is its artificially priced on perception. The sum total of its pets are about 1% of the retail price

Sales on ultra luxury items, including Hermes have been slowing in the past few months. I imagine the ultra rich know the economy is going to tank

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beer · 4 March 2016, 06:50 AM

i would compare Goyard with Patek and hermes with AP

the ultra rich will buy luxury goods regardless of how the economy is doing, the market only affects upper working class to lower upper class

FlyinM3 · 4 March 2016, 07:11 AM

Not sure I would put Goyard into that mix...
Don't get me wrong, Goyard is quite nice, but I would put them more at a level with Rolex

locutus49 · 4 March 2016, 07:14 AM

My wife has an Hermes addiction (Birkin and Kelly), as well as jewelry. They make nice things. I own several pair of Hermes pants, which have lasted for years.

FlyinM3 · 4 March 2016, 07:19 AM

If you think walking into a random AD asking for a PP 5711-1A blue dial will give you weird looks, try doing that with a Birkin at any Hermes boutique

Hpozzuoli · 4 March 2016, 07:24 AM

I think my wife has become a good enough customer that she has never had a problem getting anything. There are benefits once you donate enough and could actually work to your advantage.

Ferdelious · 4 March 2016, 07:29 AM

Can someone explain to me how a piece of leather can cost more than $20K? I know we spend thousands on watches but as least there is impressive engineering. To each their own I guess.

rr-nyc · 4 March 2016, 07:46 AM

Quote:

Originally Posted by beer

i would compare Goyard with Patek and hermes with AP

the ultra rich will buy luxury goods regardless of how the economy is doing, the market only affects upper working class to lower upper class

Not even close. Talk to anyone who is in the ultra luxury business. I'm not talking about Goyard or LV, even though they are down YTD, but sales are down at Hermes, Berluti, and Graff. Their customers are hoarding cash. This isn't 2008 where there was no dip in spending but a bigger issue with foreign markets and foreign economies. $MM Real estate and mega yachts have more inventory for sale than buyers.

Goyard is nice stuff but the name, the price, and the quality are nowhere near Hermes. Unless, of course, you think Patek is a step below AP

FlyinM3 · 4 March 2016, 01:52 PM

Quote:

Originally Posted by Ferdelious

Can someone explain to me how a piece of leather can cost more than $20K? I know we spend thousands on watches but as least there is impressive engineering. To each their own I guess.

Impressive quality craftsmanship

Kingair · 4 March 2016, 02:09 PM

Don't talk me about Hermes, Gucci, LV, Prada, Chloe, Delvaux and the rest . . .

Can open a store

zama · 4 March 2016, 05:25 PM

It saddens me to know so much about bags, but a Birkin is only comparable to a grand complication of Patek and certainly nothing in Rolex comes close, they are hand made in incredibly short supply and you basically need to have bought one to get another one, they are more like a limited edition Ferrari in access and will sell second hand for more than purchase price.

I think a Goyard and Patek is a good equivalent and a Birkin is probably like one of the small boutique $200K+ watch brands or a grand complication Patek.

Gnomon · 4 March 2016, 05:43 PM

If LV is Rolex then Goyard is IWC. Nothing special - but a way to differentiate oneself from the herd.

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TheVTCGuy · 4 March 2016, 11:08 PM

Quote:

Originally Posted by zama

It saddens me to know so much about bags, but a Birkin is only comparable to a grand complication of Patek and certainly nothing in Rolex comes close, they are hand made in incredibly short supply and you basically need to have bought one to get another one, they are more like a limited edition Ferrari in access and will sell second hand for more than purchase price.

I think a Goyard and Patek is a good equivalent and a Birkin is probably like one of the small boutique $200K+ watch brands or a grand complication Patek.

Wow

And I thought my addiction to Tumi was bad.

Muzz · 4 March 2016, 11:18 PM

Sadly I am the only one in the house with Hermes bags lol. My wife is a Channel and Dior girl.

FlyinM3 · 5 March 2016, 01:27 AM

One thing I regard highly of Hermes boutiques is that once you become an insider boy do they know how to do sales....sort of wish all ADs could be sent there for training on product expertise.

Why my wife's salesperson calls me all the time on new incomings beats the heck out of me

I'm gradually becoming an expert on leather goods

Never been a fan of their clothing lines though...much better to be had out there.

SC11 · 5 March 2016, 02:40 AM

Never purchased any Hermes products, tried to burst my cherry with a 42mm belt kit but for love nor money I couldn't get one here in the UK!

AK797 · 5 March 2016, 03:08 AM

Worth it for the 5711/1R. I have a Hermes belt that goes well with it.

Rashid.bk · 7 March 2016, 12:52 AM

Like this thread. Learned quite a bit. After doing some research seems that these Birkin bags are quite special. Most selling for more than 40 year old Newman Daytonas.
I'm not sure I quite understand but I guess I do....with things like special and obsolete in use materials, real jewellery and some with precious metals as well as lifetime repairs on all Birkin bags, I can see why this is something you could actually pass down. I can definitely see the comparison to Patek...with some bags even reaching a couple rungs higher on the luxury ladder.

It seems the wait list for the average joe blow is obscene and prepare to at least buy two. If I were a girl and had the choice between a Rolex and a Birkin bag....I would say Hermes every time, even over most comparable jewellery.

FlyinM3 · 7 March 2016, 03:15 AM

Quote:

Originally Posted by Rashid.bk

Like this thread. Learned quite a bit. After doing some research seems that these Birkin bags are quite special. Most selling for more than 40 year old Newman Daytonas.
I'm not sure I quite understand but I guess I do....with things like special and obsolete in use materials, real jewellery and some with precious metals as well as lifetime repairs on all Birkin bags, I can see why this is something you could actually pass down. I can definitely see the comparison to Patek...with some bags even reaching a couple rungs higher on the luxury ladder.

It seems the wait list for the average joe blow is obscene and prepare to at least buy two. If I were a girl and had the choice between a Rolex and a Birkin bag....I would say Hermes every time, even over most comparable jewellery.

Glad you enjoy the logic

I still don't get it but at the same time sort of do.
I have seen 20-30yr old vintage birkins being sold at high end dept stores and second hand luxury shops, and they do seem hold their prices compared to watches and jewelry.
The exotic leathers are in its own league.

Fleetlord · 7 March 2016, 03:28 AM

I have never purchases anything from Hermes.

I will be in the area of a boutique in the next week or so...

All this talk of needing prior purchases and being an insider makes me wonder...

Will I actually be able to buy anything?

I heard they won't sell you a watch strap without having an Hermes watch...

Birkin? Impossible.

So....will I be able to buy anything or will I just get a bunch of dirty looks and get handled on out the door...lol

Just want to know what to expect

GB-man · 7 March 2016, 05:29 AM

You can buy whatever just not the hard to get bags like the birkin. I had a very pleasant experience at the Hermes in Naples and I was only spending 700 on a bracelet.

rr-nyc · 7 March 2016, 05:45 AM

Quote:

Originally Posted by Fleetlord

I have never purchases anything from Hermes.

I will be in the area of a boutique in the next week or so...

All this talk of needing prior purchases and being an insider makes me wonder...

Will I actually be able to buy anything?

I heard they won't sell you a watch strap without having an Hermes watch...

Birkin? Impossible.

So....will I be able to buy anything or will I just get a bunch of dirty looks and get handled on out the door...lol

Just want to know what to expect

The watch strap makes sense as they won't sell a belt without proof of having a Hermes buckle

Sent from my iPhone using Tapatalk

Dyim · 7 March 2016, 05:52 AM

If you throw down the $ to get a crocodile or ostrich first, a non-exotic birkin/ kelly will be much easier to get.

I saw a crocodile with diamond encrusted hardware, now that is crazy $ for a small birkin.

Fleetlord · 7 March 2016, 05:52 AM

Quote:

Originally Posted by rr-nyc

The watch strap makes sense as they won't sell a belt without proof of having a Hermes buckle

Sent from my iPhone using Tapatalk

There seems to be so many rules with Hermes

I don't want to look like a dope when I go there and ask for items that are off limits or impossible to get...

So...no Birkins
..PERIOD

No Belts without proof of Buckle

No watchstraps without proof of watch or buckle

Previous poster got a bracelet...

May I buy a wallet?

T. Ferguson · 7 March 2016, 06:11 AM

All this talk about Hermes frankly turns me off from the brand. But from the sound of it I'm sure they are quite OK with that and probably prefer it that way.

TF---> a mere run of the mill Rolex and Porsche guy.

DeeTee · 7 March 2016, 06:12 AM

They are absolutely genius with their distribution.
Nothing gets rich people hyped up.... unless you tell them they can't have it.
I think they make quality goods, but I can't help but laugh at a man wearing an Hermes belt with their shirt tucked in. To me it screams "hey look at me, I can spend $1000 on a belt! Please everyone look I'm dying for attention!"

Duey · 7 March 2016, 06:51 AM

My wife is a purse addict. I think some times I own stock in LV.
There are complete forums just like TRF but for purses out there, I know my wife is a member of a few.
As for resale it's just like Rolex. The SS sport models, (Monogram Canvas LV) resells the best. As for the Sub it would be the Neverfull MM Monogram Canvas LV or the Speedy 30 Monogram Canvas LV.
Resale on Birkins is good but only the low end ones. Not a lot girls who can afford a Birkin want a used one.

4 March 2016, 05:42 AM	#1
FlyinM3 "TRF" Member Join Date: Oct 2013 Real Name: Dan Location: NYC Posts: 807	Hermes I have donated 3 handbags worth of money to Hermes in the past 6 months. The price I pay for acquiring a new watch recently Who here considers Birkins and Kellys can become heirlooms? Someone I live with tells me Patek and Hermes are comparable.

4 March 2016, 06:50 AM	#5
beer "TRF" Member Join Date: May 2015 Location: Watch Dealer atm! Watch: all Posts: 2,800	i would compare Goyard with Patek and hermes with AP the ultra rich will buy luxury goods regardless of how the economy is doing, the market only affects upper working class to lower upper class __________________

4 March 2016, 07:29 AM	#10
Ferdelious 2024 Pledge Member Join Date: May 2013 Real Name: Matt Location: Tampa, FL Watch: Hulk/SD4K/SeaQ/P39 Posts: 3,178	Can someone explain to me how a piece of leather can cost more than $20K? I know we spend thousands on watches but as least there is impressive engineering. To each their own I guess. __________________ Why is it, "A penny for your thoughts," but, "you have to put your two cents in?" Somebody's making a penny.

4 March 2016, 05:25 PM	#14
zama "TRF" Member Join Date: Feb 2012 Real Name: Craig Location: Sydney Watch: 4 Broken glass Posts: 5,806	It saddens me to know so much about bags, but a Birkin is only comparable to a grand complication of Patek and certainly nothing in Rolex comes close, they are hand made in incredibly short supply and you basically need to have bought one to get another one, they are more like a limited edition Ferrari in access and will sell second hand for more than purchase price. I think a Goyard and Patek is a good equivalent and a Birkin is probably like one of the small boutique $200K+ watch brands or a grand complication Patek. __________________ Day Date 118206, Daytona 116509 & 116505, AP 25859ST Gone but not forgotten and genuinely missed..... Root Beer GMT, Sub, TT Daytona, YG DD Bark, Datejust(2 his & hers), AP RO, PP Aquanaut, Lange 1, Heuer Monza, Piaget Altiplano, GP Chrono, Seamaster, Tudor Sub, Tudor Chrono, Tudor Black Bay Bronze

4 March 2016, 05:43 PM	#15
Gnomon "TRF" Member Join Date: Jun 2012 Location: Hong Kong Watch: 214270 Posts: 256	If LV is Rolex then Goyard is IWC. Nothing special - but a way to differentiate oneself from the herd. Sent from my iPad using Tapatalk __________________ “Wit, you know, is the unexpected copulation of ideas…” (Samuel Johnson)

4 March 2016, 05:47 AM	#2
Alexwwjd "TRF" Member Join Date: May 2009 Real Name: Alex Location: Texas Watch: Out!!! Posts: 2,352	The rate is not in your favor. The rate I have to pay is 1:1 . But, hey, it's worth, isn't it?

4 March 2016, 06:32 AM	#4
rr-nyc Liar & Ratbag Join Date: Nov 2009 Real Name: Renato Location: NYC / Miami Beach Watch: Rolex Daytona Posts: 5,344	The resale on birkins are better than any modern watch on the market. I can't recall the publication but they had an article about the birkin being a better investment than the stock market. The problem is its artificially priced on perception. The sum total of its pets are about 1% of the retail price Sales on ultra luxury items, including Hermes have been slowing in the past few months. I imagine the ultra rich know the economy is going to tank Sent from my iPhone using Tapatalk

4 March 2016, 07:11 AM	#6
FlyinM3 "TRF" Member Join Date: Oct 2013 Real Name: Dan Location: NYC Posts: 807	Not sure I would put Goyard into that mix... Don't get me wrong, Goyard is quite nice, but I would put them more at a level with Rolex

4 March 2016, 07:14 AM	#7
locutus49 Banned Join Date: May 2014 Real Name: John Location: La Jolla, CA Watch: Platona Posts: 12,194	My wife has an Hermes addiction (Birkin and Kelly), as well as jewelry. They make nice things. I own several pair of Hermes pants, which have lasted for years.

4 March 2016, 07:19 AM	#8
FlyinM3 "TRF" Member Join Date: Oct 2013 Real Name: Dan Location: NYC Posts: 807	If you think walking into a random AD asking for a PP 5711-1A blue dial will give you weird looks, try doing that with a Birkin at any Hermes boutique

4 March 2016, 07:24 AM	#9
Hpozzuoli Banned Join Date: Dec 2015 Real Name: Henry Location: Rhode Island Watch: Rolex Posts: 990	I think my wife has become a good enough customer that she has never had a problem getting anything. There are benefits once you donate enough and could actually work to your advantage.

4 March 2016, 02:09 PM	#13
Kingair "TRF" Member Join Date: Oct 2009 Real Name: Marc Location: SoCal Watch: Not enough ;-) Posts: 21,232	Don't talk me about Hermes, Gucci, LV, Prada, Chloe, Delvaux and the rest . . . Can open a store

4 March 2016, 11:18 PM	#17
Muzz "TRF" Member Join Date: Mar 2014 Real Name: Steve Location: TO CAD, HCMC VN Watch: MP 18946 Posts: 7,292	Sadly I am the only one in the house with Hermes bags lol. My wife is a Channel and Dior girl.

5 March 2016, 01:27 AM	#18
FlyinM3 "TRF" Member Join Date: Oct 2013 Real Name: Dan Location: NYC Posts: 807	One thing I regard highly of Hermes boutiques is that once you become an insider boy do they know how to do sales....sort of wish all ADs could be sent there for training on product expertise. Why my wife's salesperson calls me all the time on new incomings beats the heck out of me I'm gradually becoming an expert on leather goods Never been a fan of their clothing lines though...much better to be had out there.

5 March 2016, 02:40 AM	#19
SC11 Banned Join Date: Jul 2010 Real Name: Sam Location: UK Watch: AP ☠️ Posts: 6,151	Never purchased any Hermes products, tried to burst my cherry with a 42mm belt kit but for love nor money I couldn't get one here in the UK!

5 March 2016, 03:08 AM	#20
AK797 2024 Pledge Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,232	Worth it for the 5711/1R. I have a Hermes belt that goes well with it.

7 March 2016, 12:52 AM	#21
Rashid.bk "TRF" Member Join Date: Jan 2009 Location: Dallas Watch: 12800ft = 3900m Posts: 11,172	Like this thread. Learned quite a bit. After doing some research seems that these Birkin bags are quite special. Most selling for more than 40 year old Newman Daytonas. I'm not sure I quite understand but I guess I do....with things like special and obsolete in use materials, real jewellery and some with precious metals as well as lifetime repairs on all Birkin bags, I can see why this is something you could actually pass down. I can definitely see the comparison to Patek...with some bags even reaching a couple rungs higher on the luxury ladder. It seems the wait list for the average joe blow is obscene and prepare to at least buy two. If I were a girl and had the choice between a Rolex and a Birkin bag....I would say Hermes every time, even over most comparable jewellery.

7 March 2016, 03:28 AM	#23
Fleetlord "TRF" Member Join Date: May 2013 Location: Vain Posts: 5,919	I have never purchases anything from Hermes. I will be in the area of a boutique in the next week or so... All this talk of needing prior purchases and being an insider makes me wonder... Will I actually be able to buy anything? I heard they won't sell you a watch strap without having an Hermes watch... Birkin? Impossible. So....will I be able to buy anything or will I just get a bunch of dirty looks and get handled on out the door...lol Just want to know what to expect

7 March 2016, 05:29 AM	#24
GB-man 2024 Pledge Member Join Date: Nov 2012 Location: USA Watch: addiction issues Posts: 36,862	You can buy whatever just not the hard to get bags like the birkin. I had a very pleasant experience at the Hermes in Naples and I was only spending 700 on a bracelet. __________________

7 March 2016, 05:52 AM	#26
Dyim "TRF" Member Join Date: Oct 2014 Location: Canada Posts: 2,230	If you throw down the $ to get a crocodile or ostrich first, a non-exotic birkin/ kelly will be much easier to get. I saw a crocodile with diamond encrusted hardware, now that is crazy $ for a small birkin.

7 March 2016, 06:11 AM	#28
T. Ferguson "TRF" Member Join Date: Oct 2012 Location: Left Coast Posts: 7,025	All this talk about Hermes frankly turns me off from the brand. But from the sound of it I'm sure they are quite OK with that and probably prefer it that way. TF---> a mere run of the mill Rolex and Porsche guy. __________________ *Some days it's just not worth chewing through the restraints.*

7 March 2016, 06:12 AM	#29
DeeTee "TRF" Member Join Date: Dec 2014 Location: Los Angeles Watch: Netflix Posts: 3,977	They are absolutely genius with their distribution. Nothing gets rich people hyped up.... unless you tell them they can't have it. I think they make quality goods, but I can't help but laugh at a man wearing an Hermes belt with their shirt tucked in. To me it screams "hey look at me, I can spend $1000 on a belt! Please everyone look I'm dying for attention!"

7 March 2016, 06:51 AM	#30
Duey 2024 Pledge Member Join Date: May 2011 Real Name: Duey Location: Maui Watch: Too Many To List Posts: 3,575	My wife is a purse addict. I think some times I own stock in LV. There are complete forums just like TRF but for purses out there, I know my wife is a member of a few. As for resale it's just like Rolex. The SS sport models, (Monogram Canvas LV) resells the best. As for the Sub it would be the Neverfull MM Monogram Canvas LV or the Speedy 30 Monogram Canvas LV. Resale on Birkins is good but only the low end ones. Not a lot girls who can afford a Birkin want a used one.

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