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Birkin prices have climbed roughly 12-15 % a year for decades, outpacing the S&P 500’s ~10 %. Hermès strictly limits supply, so resale demand constantly exceeds stock-market–like swings. Because Birkins are real, portable assets, they hedge inflation instead of dipping with rate hikes. They’ve never posted an annual loss in the main auction indices, giving lower volatility than equities.