The Dossier · Free with the daily letter
Investing in Luxury Goods
One handbag sold for €8.6 million; almost everything else loses money once it leaves the boutique.
23 sections · Sent by email
Get the full guide free
Enter your email and we send the complete guide, then the daily letter on alternative markets. Free; unsubscribe any time.
Inside
- 01The Hermès machine
- 02The honest track record
- 03Diamonds: lab-grown breaks the floor
- 04Worked examples: a Birkin, a Flap, a pair of Jordans
- 05The IA view
23 sections, every figure sourced and dated
Free to read on Luxury Goods
Investing in Independent Watchmakers
A dozen makers produce perhaps two thousand watches a year between them; access, not money, sets the price.
41 min read
Investing in Sneakers
Sneaker resale premiums collapsed after 2021; a few hundred colourways still clear retail, and almost nothing else does.
38 min read
Investing in Signed and Vintage Jewellery
The name stamped inside a bracelet is now worth more than the diamonds set into it.
47 min read
Investing in Hermès
Birkins resell above retail because Hermès rations them; the arithmetic works only at the boutique price.
37 min read
Investing in Rolex
A steel Daytona: $16,900 at the dealer, $34,800 on the street; the gap is the whole market.
35 min read
Investing in Luxury Watches
A $35,000 steel watch sold for $470,000.
33 min read