Diane D'Amato: Investing in Luxury Handbags and the Hermes Brand

Alts

English - June 20, 2022 12:00 - 28 minutes - 65.2 MB
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Horacio spoke with Diane D’Amato, the Director of Luxury Assets at Heritage Auctions. Diane is an expert in luxury handbags. She has a wealth of experience in the auction industry and in private markets. In this episode, Diane talks about Hermes as the leading luxury brand, what makes these bags so special, and other brands in the space.

Additional topics include:

Handbags as the #1 financial asset for women

Hermes as the top luxury brand in investable handbags

Grading handbags on a 1 – 4 scale

Combining the auction and retail worlds

Men as investors, collectors, and users

Chanel getting out of the exotics market

Buying the highest-grade, highest-quality bags

Closing, opening, and working auctions

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