What could possibly make a handbag worth $39,500?
Asked by
Jeruba (
56017
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2 hours ago
Like the one linked in this article (which for some reason I can’t link directly).
I really don’t know. It seems to me that there’s only so much you can do to make materials, stitching, stapling, etc., superior to all others. Is the rest just a name?
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5 Answers
Basic economics. There is ZERO link between what something costs to make and what price it has. It is all about perception.
They price it at $40K because they know some idiot will pay that amount (or more). Even though materials probably cost no more than $500.
Why do you think some restaurants charge $500 for a meal. Or hotels $2000/night? or cars $500,000?
Perception of value.
Some fool’s willingness to pay $39,500.
I guess you can see I’m not very much tuned into fashion. It seems that unless you want to advertise how much you paid, the prestige of it depends on others’ recognition of the cachet of your item. i’m asking only as a matteer of curiosity.
@elbanditoroso, I’d have to wonder how materials even managed to cost $500.
WOW! That’s more that I paid for my 2017 Ford F-150 (new).
It’s crazy how people will squander money. You can pay $1,350,000 for a Rolex watch (“Rolex Cosmograph Daytona made of yellow gold, ruby bezel and diamond paved dial). My $400 Apple Watch is good enough for me. HA!
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