Well I can see OP's point and I can understand OP's feelings. When I first came to the country, I thought
Coach was a super expensive and high-end brand. I saved a while just to get my very first second-hand Coach from Craigslist. And then I didn't even use that bag, I stored it carefully in my closet and only took it out occasionally. Back then to spend this kind of money on purses is a very guilty feeling, and if back then you told me that my Coach is not that great, I would have felt hurt too.
And let's face it, to spend even a couple hundred bucks on a handbag is already not "practical."
Now I see Coach as lower tier brand and I no longer buy them. Same goes with MMK, Kate Spade, Rebecca Minkoff, and many other brands around that price range. It is definitely not because their qualities are so horrible for their prices. You have to admit, for the prices of those bags, the quality is pretty darn good. But I just don't buy them anymore, nor do I carry the ones I still have in my closet. Now I buy and carry LV, even though coach and MMK both have very similar bag styles as LV, and their quality is not necessarily lower, I would still prefer to carry my LV. Why? I don't know. There must be some status/brand association going on. Cause design and quality can't solely explain this propensity to buy and carry LV compared with brands such as Coach and MMK.
So our precious LV is just OP's Coach level. And her LV is the Hermes. I don't think there is anything wrong with that. I moved on from Coach to LV, and I am not looking back. But there are many others on this LV forum that still buy Coach and MK, and treat them the same. Similarly, OP moved on to Hermes and choose to not look back, but many that own Hermes could still buy and choose LV. In the end you can't deny that LV is a bit below Hermes on status, availability, and price range.
Of course to people that can't even afford coach bags, we are all *****es.