You can now buy shares of rare Hermès bags

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#47
I would do a hard pass but that’s me.
I didnt watch any video or read about this but how do they prove that others are buying shares in the bag? What do they show as proof?
 
#49
momoc said:
Apparently 2015. You got me curious and I downloaded the Rally App ... they do give more details on the app at least.

Also looks like next up is a Himalayan B30 from 2014, going for 140k (70 per share x 2000 shares).

I’m just going to leave this screenshot here...:facepalm:

View attachment 4668289
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now that is definitely overpriced. Let me see what exotic B30s went for in 2014
(And B35s In 2015)

ETA: from the old exotic pricing thread, it appears that in 2014 a matte nilo Himalayan B30 retailed for $48,500 (by 2015 the price went up to $59,600) and by late 2015 a shiny porous B35 retailed for $61,900
(See https://forum.purseblog.com/threads...-travel-slgs-prices-no-chatting.940114/page-2)
 
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#53
TraceySH said:
When I read this a few days ago, my first and only thought was, oh, she wants others to shoulder the burden of carrying and purchasing costs. That's it. She shops at my same boutique, and spends SO. MUCH. MONEY there I can imagine that carrying all those bags for resale certainly adds up. I guess she flies in once a month for a week and spends 6 figures on rare and exotic bags. (She was also robbed in said hotel in a major inside heist last year or the year before possibly). As posted above $26 per share isn't all that much to someone, but maybe in bulk to her, it covers her costs. I would imagine accountability for losses over time would be something to address sooner rather than later, as I cannot imagine those exponentially inflated "values" to hold with demand and resale the way it is now. BUT if that someone loses $10, maybe they won't care so much, but at least she's covered her costs. Like those Quibids (??) something like that on TV. They are all like "I got this brand new iPad for $12!" but you have to purchase bids in bulk each costing like $2 or something. So 50 people at 20 bids each nets the company $2000.

On a semi-separate note, did anyone see the IG post for fashionphile's birkin aisle? Sort of nauseating. I don't understand how "demand" is still so high with that level of ubiquity and selection.
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Wow, everybody in this thread is so ill-informed. First of all I have not shopped in a Hermés store in 7 years. I’m the most famous reseller in the world, they know exactly who I am. As if I have time to go shopping anyway lol. I purchase over $2M a month in Hermés bags, via over 50 professional buyers who work for me. Second of all, we have nothing to do with the business or ownership of Rally Rd, they are just a client like any other who purchased a bag. They are a publicly traded SEC registered company who is strategic in what they are purchasing because they are making investments, betting on the value going up in the future. It’s not such a ridiculous bet if you compare it to some of the recent Christie’s auction prices. No different than they have done successfully for cars, watches, etc. You bored housewives need to find something better to do with your time.
 
#54
acrowcounted said:
My SA told me the same story and here is a news article too. https://www.fox5vegas.com/news/jewe...cle_424e35a2-fcc1-5bd9-a5b2-cbddf1197b8c.html

The entire Privé Porter team seems fraught with legal shadiness, in my opinion, and I would never shop with them let alone “invest” in any scheme they are selling. I wonder what, if any, government regulations are required for this sort of “investment business”...
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If you look further Becky, or whatever your name is, you’ll also find out that two Wynn employees were arrested, charged, and convicted for this robbery after a 6 month privately funded investigation which resulted in the recovery of most of our valuables. There’s nothing shady about being targeted for a robbery. This should be a warning to everyone to be cautious about traveling with more valuables than will fit in a hotel safe.
 
#55
michelleberk said:
Wow, everybody in this thread is so ill-informed. First of all I have not shopped in a Hermés store in 7 years. I’m the most famous reseller in the world, they know exactly who I am. As if I have time to go shopping anyway lol. I purchase over $2M a month in Hermés bags, via over 50 professional buyers who work for me. Second of all, we have nothing to do with the business or ownership of Rally Rd, they are just a client like any other who purchased a bag. They are a publicly traded SEC registered company who is strategic in what they are purchasing because they are making investments, betting on the value going up in the future. It’s not such a ridiculous bet if you compare it to some of the recent Christie’s auction prices. No different than they have done successfully for cars, watches, etc. You bored housewives need to find something better to do with your time.
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Wow. You really had a chance to come on here and address or educate us since we are all so "ill-informed". You could have easily said, ok everyone here is missing the point, let me explain. This is my business model, this is why we think it's a great idea, would love to answer any questions. Instead you say "I am the most famous reseller in the world" - which I would assume would be frowned upon by Hermes, but I guess not. And "you bored housewives need to find something better to do with your time". Pretty sure no one here is a "bored" housewife, but even so, wouldn't they also be your target clientele? Very odd approach from a customer service and marketing stand point. But hey, be you.
 
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#57
southernbelle43 said:
I got a big chuckle out of that. TPF members include doctors, lawyers, research scientists, educators, investment managers...you name a professional field and they are on here.
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And I’m sure those professional people are too busy for this nonsense. I mean it doesn’t take much digging to figure out that we have no affiliation in the ownership or business of Rally Rd.
 
#58
TraceySH said:
Wow. You really had a chance to come on here and address or educate us since we are all so "ill-informed". You could have easily said, ok everyone here is missing the point, let me explain. This is my business model, this is why we think it's a great idea, would love to answer any questions. Instead you say "I am the most famous reseller in the world" - which I would assume would be frowned upon by Hermes, but I guess not. And "you bored housewives need to find something better to do with your time". Pretty sure no one here is a "bored" housewife, but even so, wouldn't they also be your target clientele? Very odd approach from a customer service and marketing stand point. But hey, be you.
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I literally just educated you. You guys are the ones in here talking **** about somebody you don’t even know and things you clearly don’t know anything about. I don’t want any one of you to ever call me for a bag, I’m not trying to gain your business. It’s a privilege to be my client.
 
#59
michelleberk said:
I literally just educated you. You guys are the ones in here talking **** about somebody you don’t even know and things you clearly don’t know anything about. I don’t want any one of you to ever call me for a bag, I’m not trying to gain your business. It’s a privilege to be my client.
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Most people here can get whatever they want from the boutique so why would we?
 
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