The price of the Birkin has risen from $9,850 to $12,700, while the classic flap medium has been valued at $10,800, experiencing a lower rate of growth from $8,800.

Credits: Facebook; Author: Hermès;

Birkin has also taken the lead in the second-hand market, with prices averaging almost double the list price, compared to Chanel’s 77 percent markup, dropping from 83 percent in 2019.