However, the appreciation value of Hermès bags has been very stable since the last century.
Those who say buying Hermès is for idiots don't understand these top-tier luxury goods at all.
If you know even a little bit about the elite circles, you'd know that buying Hermès not only won't lose you money, but it will actually make you money, okay?
However, it is also very dependent on the style.
If it's just an ordinary leather Hermès, it really isn't of much use.
But take the albino crocodile bag in front of us, for example.
If you buy it and carry it for a few years, then suddenly find you don't like it anymore.
Provided there is no significant damage, if you sell it again, its price might even rise once more.
So, their family's bags can almost be passed down as heirlooms.
Moreover, many famous collectors keep an eye on this brand.
Because its potential for appreciation is sometimes even steadier than financial products.
Speaking of which, many people will surely bash this as a pure "IQ tax."
In reality, Hermès, like Patek Philippe and various luxury supercars, is a form of social circle consumption.
Since their inception, these brands have used price and various techniques to distinguish ordinary people from mysterious wealthy individuals all over the world.
The fundamental logic is a game of social circles.
Establishing consumption habits that belong to the upper-class strata.
Ordinary people don't need to pursue it excessively.
Because in the eyes of the wealthy, a Hermès is just an ordinary bag; many noblewomen even carry them to buy groceries or use them to hold umbrellas.
Whereas for us ordinary people, even if we only owned a basic Hermès bag, we would likely protect it with everything we've got.
This difference in behavior is essentially due to the consumption views of different social circles and classes.
As for Jiang Cheng's current consumption view, he felt that the Hermès bag before him was a mere trifle compared to his ferrari laferrari and Patek Philippe Minute Repeater Chronograph.
Seeing the other women start to stir at the sight of the bag, Jiang Cheng turned to Yu Xiaoxiao and asked, "Do you like this one?"
Yu Xiaoxiao shook her head and said directly, "Although I want to buy a Hermès, this bag feels a bit too mature for me. It doesn't suit me."
Hearing this, Jiang Cheng glanced at the photo on the auction stage again and nodded in agreement. "You're right. This bag is actually quite suitable for my mom."
At the mention of Jiang Cheng's mother, Yu Xiaoxiao's face froze for a moment.
This was the first time Jiang Cheng had mentioned his family in front of her.
Suddenly hearing her boyfriend bring up the topic of his mother, Yu Xiaoxiao felt an inexplicable nervousness for some reason.
She quickly smiled and nodded, saying sincerely, "Yes, Auntie would definitely suit it very well if she carried this bag."
By now, the bidding in the hall had reached 1.4 million.
Hearing this, Jiang Cheng raised his bidding paddle.
"Number 8, Mr. Jiang, 1.5 million!"
"Number 5, Ms. An, 1.6 million!"
"Telephone bid, 1.8 million!"
Hearing this, Jiang Cheng raised his paddle again.
"Number 8, Mr. Jiang, 1.9 million!"
"Online bid, 2 million!"
Jiang Cheng couldn't help but frown upon hearing this. The system's estimated value for this bag capped out at 2.2 million!
After all, the price of a Himalaya Birkin on the secondary market was around two million!
The advantage of this bag was that it was brand new with the tags still attached.
At this moment, not only was Jiang Cheng hesitating, but others on the floor were also wavering.
Even An Xin couldn't help but frown slightly.
She was a collector.
Her main goal in coming to this auction was to find bargains or to buy some very rare auction items.
But if an item exceeded its estimated value, the value of her purchase would be greatly diminished.
Unless it was an item she liked immensely or was determined to have.
As for the bag in front of her, if it wasn't for personal use, it wouldn't be of much use to her.
Thinking of this, An Xin also very decisively gave up on the bidding.
The female auctioneer saw the hesitation of the bidders present; she held off on dropping the hammer.
She kept guiding the bidders on-site to offer higher prices.
After all, the higher the bid, the more commission she would receive.
"The current online bid is 2 million. Is there anyone else in the hall who wants to add? This extremely rare Himalaya Niloticus Crocodile Diamond Birkin is very versatile, and it's brand new with tags still attached. Is there anyone willing to bid 2.1 million?"
Just as the female auctioneer was about to finalize the bid, Jiang Cheng directly raised the price to the maximum auction price reported by the system.
Whether he could exploit the system would depend on this move.
If someone else bid higher, he would just pay out of his own pocket to buy it. He was going back to Chengdu in a few days anyway.
He could take this bag back for his mother while he was at it.
He could tell that Li Yan really liked the bags he had bought for her before.
She even carried them with her when she went to France.
Besides, a bag worth over two million was nothing to Jiang Cheng.
"Number 8, Mr. Jiang, 2.2 million!"
"2.2 million, are there any more bids?"
After asking three times and seeing no one raise their hand, the female auctioneer dropped the hammer!
"Congratulations to Number 8, Mr. Jiang, for winning this Himalaya Birkin for 2.2 million!"
Jiang Cheng had now won two auction items.
At this moment, the bidders on the floor couldn't help but focus their gaze on Jiang Cheng.
"I heard about him while waiting in the foyer earlier. Isn't he the CEO of Xingchen Investment?"
"To be so generous at such a young age. He's won both opening items; the combined value of these two pieces has reached ten million."
"I heard they're about to cooperate with Huaqiao Company. Buying these two items is probably just to give Huaqiao Company some face."
"I'm more curious about who the woman sitting next to him is. That bag was bought for her, right?"
"I'm curious too. Actually, the money doesn't really matter to me—it's not like I don't have any myself—but what I'm craving is the man. He's truly too handsome."
...Not only were the bidders below starting to discuss.
After he won two items in a row, even the female auctioneer on stage couldn't help but pay a bit more attention to Jiang Cheng.