Hermès Birkin Prices 2018: USA vs. Europe

@iamtheqwynn

It’s been a while since we’ve compared Birkin prices. While we always keep you up-to-date on price increases, it can still be tricky to compare and contrast the various price changes (in various currencies) around different regions. With end-of-summer and falltime travels on the horizon—as well as what we assume is an ever-present desire to “score” a Birkin—it’s certainly helpful to be clear on how much, exactly, a Birkin costs.

(PurseBoppers from elsewhere in the world, we apologize, as this will be a heavily USD-centric guide!)

This assessment of regional Birkin prices against one another is especially important given recent currency trends in Europe. Right now, the USD is strong against both the Euro and the British Pound. The Euro, affected by a recent plunge to a record low for the Turkish Lira, has recently dropped to the weakest it’s been in over a year (currently €1 = $1.14). The Pound has similarly dropped recently, though not to the same extent, over concerns about the impending Brexit. The Pound has been relatively weak since the Brexit referendum in June 2016 (read: Brexit… and Bags).

Given this, let’s take a detailed look, based on up-to-date currency trends, at the B prices in Continental Europe and the United Kingdom, in comparison to those in the U.S. Then, we’ll discuss.

@kugzz

The Prices

RegionBirkin 30 (Togo)Birkin 35 (Togo)
USA$10,900$11,900
Continental Europe€7400€8200
USD Equivalent ($)$8,453$9,347
Savings ($)$2,447$2,553

 €1.00 EUR = ~$1.14 USD

Exchange rates refer to August 12th, 2018. Given the changing nature of currency, values may be subject to change.

RegionBirkin 30 (Togo)Birkin 35 (Togo)
USA$10,900$11,900
UK£7,290N/A
USD Equivalent ($)$9,309N/A
Savings ($)$1,591N/A

 £1.00 GBP = ~$1.28 USD

Exchange rates refer to August 12th, 2018. Given the changing nature of currency, values may be subject to change. The B35 prices after the 2018 UK price increase remain unknown. (If you have any insider’s information, please let us know below!)

@patriciachang

The Analysis

First things first: there have been no Birkin price increases  in the US in the past 3 years, and it’s probably safe to say there won’t be any leather goods price increases coming before the end of the year. Over the past few years, January has been the month to watch for price adjustments from the brand.

In January 2017, Hermès Birkin prices increased 5% in the UK and 3% in Europe (read: Hermes Increases Prices 2017). In January of this year, Birkin prices in the UK went up quite a bit, by nearly 10% (read: Hermes Prices 2018 Update: UK First To Go Up).  Still nothing this year from Europe or the US. While the 10% increase came as a shock to UK Birkin-buyers, adjusting prices this significantly made sense, given Hermès’ business model of leveling out prices post-Brexit.

It’s clear that the Birkin savings for US buyers in Europe are significant—especially so in continental Europe. As for the UK, the savings of 14.6% are still considerable, though not quite the 22.45% in savings in Europe. As always, it’s important to bear in mind that the prices listed above are just the bare prices. They don’t take into account VAT refund and Custom Duties, which can alter the total price considerably. (Read our helpful guides on navigating these issues: Travel Guide: The Do’s and Don’ts and How It Works – VAT Refund and Custom Duties)

@bb10lue

Tell us, Birkin seekers, are you hoping to “score” a B in the U.S. or abroad? Will you be at 155 New Bond St. or 24 faubourg Saint Honoré anytime soon?

Read related articles:

Big Bucks in Bags
Chanel Prices Are On The Rise Again
Louis Vuitton Price Increase 2018
Don’t Cry for Hermès – Record Profitability in 2017
Hermes Prices 2018 Update: UK First To Go Up

Love, PurseBop
XO