Birkin bags are sought after because they are more than just an accessory, but a collector’s item. The same way that men can be known for collecting coins or sports cars, the Birkin bag is the female equivalent. They are coveted, and become more valuable over time.
Collectors are paying for the high end label that the bag bares as well as the quality of the handbag. Each bag is put together by one person, who takes their time and care to sew each piece, making sure that it is flawless. Much of the price on this item is determined based on this wonderful craftsmanship and how involved it is to construct one from start to finish. In addition, if Hermes has chosen to make a Birkin bag from a specific piece of leather and it comes to them damaged or is not of their high quality, that type of bag can easily be discontinued