Konvi Launches Once-in-a-Lifetime Alec Monopoly Birkin Bag Investment Opportunity
27 June 2024 - 8:00AM
Business Wire
Konvi, Europe’s leading luxury assets fractional investment
platform, has announced the launch of a once-in-a-lifetime
opportunity to invest in an exclusive Birkin bag designed by Alec
Monopoly. This is a particularly exciting investment as it combines
a piece of art by a prestigious artist with one of the best
investment vehicles in the world – the Birkin bag – and the firm
expects a high degree of interest from investors.
The value of a Birkin bag increases immediately upon leaving the
store, leading many to say it’s a better investment than gold.
Having never fluctuated downwards in value, Birkins are highly
lucrative investments that consistently outperform the S&P 500
and boast double-digit annual returns.
Alec Monopoly rose to fame through his bright-coloured graffiti
art and paintings which explore the themes of capitalism and luxury
lifestyles. Birkin bags designed by Monopoly retail between an
astounding $11,900 and $300,000. The famous handbags have also been
sported by celebrities, including Khloe Kardashian, who owns a
$25,000 piece painted by the artist.
Luxury assets are much more than a popular accessory, as they
provide strong investment opportunities. The fact that returns on
luxury items are negatively correlated with those on equities,
bonds, and other collectible investments, makes them a great
addition to an investment portfolio to ensure strong
diversification.
Through Konvi’s app, investors can buy fractional shares of the
luxury Birkin bag starting from €250 with immediate effect. Konvi
buys and insures the asset and then sells it at the highest price,
returning money to the asset's co-owners. This model enables users
to access an extremely rare investment that would usually require
significant capital and a broad network of collectors and auction
houses to invest in.
Eran Peer, Co-Founder and CEO, commented: “Launching this
exclusive luxury Alec Monopoly Birkin bag investment opportunity
for Konvi users is central to our goal of bringing previously
inaccessible luxury investment opportunities to a broader range of
people. This offering means people can own a share in a bag adorned
by some of the biggest celebrities on the planet, including the
Kardashians, and reap the investment rewards. We’re excited to be
bringing such a high-performing asset to our platform and look
forward to launching similar investment opportunities in the near
future.”
Investing in luxury assets such as art, fine wines, whiskeys,
watches and vintage cars has long been inaccessible to the majority
of people. High up-front costs, low availability and opaque,
private markets with high fees mean historically only the most
sophisticated investors and wealthy individuals could capitalise on
these opportunities.
Konvi is the first Pan-European investment platform that enables
retail investors to diversify their portfolios by fractionally
investing in luxury assets. By collaborating with industry experts
with strong track records, Konvi ensures that investment
opportunities on its platform are carefully curated and accessible
to everyone. Konvi also recently launched its latest Banksy art
investment with one of the leading Banksy art piece curators, TGB
Contemporary.
Visit Konvi’s website to find out how you can invest in this
Alec Monopoly Birkin bag: https://konvi.app/en_GB/
About Konvi
Konvi is a pioneering online platform that democratises access
to alternative investments, including hand-curated art, fine wine,
classic cars, and more. With a user-friendly interface and
innovative strategies, Konvi empowers individuals to build
diversified portfolios and achieve their financial goals starting
from an investment of €250.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240627487145/en/
Michael Deeny/Angus Guironnet Chatsworth +44 (0)207 440 9780
Konvi@chatsworthcommunications.com