The Hermès Birkin bag, a symbol of luxury and exclusivity, has consistently commanded exorbitant prices. Understanding the pricing landscape in 2016, however, requires navigating a complex web of factors including material, hardware, color, and regional variations. This article delves into the Hermès Birkin 35 price in 2016, examining the price increase that affected the European market, comparing prices across regions, and exploring the secondary market's influence. We will also touch upon the broader context of Hermès price increases in 2016 and their impact on the desirability and overall value of the Birkin 35.
A 2016 Hermès Price Increase Has Hit the Euro Market
2016 marked a significant year for Hermès pricing. A substantial price increase impacted the Eurozone, affecting the coveted Birkin 35 and other coveted pieces within the Hermès collection. This increase wasn't a uniform percentage across the board; the exact amount varied depending on the chosen leather, hardware, and color. However, the general consensus was that the price jump was considerable, adding several hundred, if not thousands, of Euros to the already substantial cost of a new Birkin 35. This price increase fueled further discussion around the bag's iconic status and its role as a luxury investment. The ripple effect extended beyond the initial price increase, influencing the secondary market and further solidifying the Birkin's position as a highly sought-after collectible.
2016 Birkin: A Year of Shifting Values
The 2016 Birkin 35, even before the price increase, was already a significant investment. The price varied drastically based on several key factors:
* Leather: The type of leather used significantly influenced the price. Exquisite and rare leathers like crocodile, alligator, or ostrich commanded significantly higher prices than more common leathers such as Togo, Clemence, or Epsom. The quality and condition of the leather also played a crucial role in determining value, both in the primary and secondary markets. A flawless, richly textured leather would fetch a higher price than one with imperfections.
* Hardware: The hardware, typically gold or palladium plated, was another determining factor. Gold hardware generally commanded a slightly higher price than palladium. The condition of the hardware—scratches, wear and tear—also impacted the overall value.
* Color: Certain colors were more in demand than others. Classic neutral colors like black, brown, and beige consistently held their value, while more vibrant or unique colors could fluctuate in popularity and therefore price. Limited edition colors released in 2016 would naturally command a higher price, both initially and on the resale market.
* Rarity: Limited edition Birkins or those featuring unique hardware or details were, and continue to be, highly sought after, commanding significantly higher prices. These bags often become collector's items, driving up their value over time.
Hermes Increases Prices: A Consistent Trend
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