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Is your Hermès bag worth a fortune? How handbags became a bona fide investment
Art Market Research (AMR) tracked sales of designer handbags at auctions around the world and found that certain bags by Hermès, Chanel and Louis Vuitton have soared in value by an average of 83% over the last decade - a 6% year-on-year compound growth. In comparison, coins have grown by 21%, modern first-edition books by 42% and watches by 72%.