Twice is not as nice . . . A Palm Beach, FL luxury handbag reseller faced a second smash-and-grab robbery, this time on Christmas Eve. Eleven days prior, on December 14, thieves broke into Only Authentics on tony Worth Avenue, grabbing tens or thousands of dollars of handbags. When combined with the repeat event, store owner Virgil Rogers says 20 Hermès handbags valued at over 1.5 million dollars are missing.
Over the last year, thieves repeatedly targeted luxury brand retail stores, particularly in San Francisco, CA and Chicago, IL. The hot goods, not surprisingly, were the handbags.
But, taking pre-owned bags is something of a new matter. And a confirmation of the retained value of Hermès handbags . . . even when used.
For Birkin and Kelly owners, the next question is whether and what precautions are necessary for collections. Safes? Insurance? What do you think?
Photo courtesy: Andrew Lofholm