The Louis Vuitton Speedy is one of those bags that seems to have a story of its own. But is it really worth the investment? Let’s take a closer look at its fascinating history, the celebrities who adore it, and why it continues to be a favourite.
The Speedy was first introduced in 1930 by Georges Vuitton, the son of Louis Vuitton. It was originally called the “Express” and was designed as a smaller version of the Keepall, a popular travel bag. Imagine getting your hands on one of these for just $150 USD (12,000 INR) back then! The bag’s popularity skyrocketed when Audrey Hepburn requested a smaller version in 1965, leading to the creation of the Speedy 25. Hepburn was often seen with the bag, making it an instant classic.
Over the years, the price of the Speedy has seen quite a hike. Since the 1970s, the prices have rose by 187% due to inflation and increasing demand. By 2010, the Speedy was valued at $1,000 USD (83,000 INR), and as of 2024, it costs around $1,890 USD (1,58,000 INR). These price increases are due to factors like inflation, higher production costs, and the ever-growing prestige of the Louis Vuitton brand.
One of the best things about the Speedy is its versatility. You can use it as a top-handle bag, a crossbody bag (with the Bandoulière version which costs 1,71,000 INR), or even as a chic travel companion. Its spacious interior and lightweight design make it perfect for everyday use. As of 2024, the retail price of a Speedy 30 is around ₹159,410 INR. And here’s a fun fact: you can retain up to 60% of its value if you resell it within the first five years of purchase!
The Speedy comes in various materials, including Monogram canvas, Damier Ebene, Damier Azur, and Empreinte leather. It also comes in multiple sizes: Nano, 20, 25, 30, 35, and 40 cm. Celebrities like Audrey Hepburn, Naomi Campbell, Taylor Swift, Sarah Jessica Parker, and Rihanna have all been spotted with the Speedy, adding to its allure.
So, is the Louis Vuitton Speedy worth it? Absolutely. It’s more than just a handbag; it’s an investment. Its timeless design, high resale value, and celebrity endorsements make it a worthy addition to any collection. Did you know, you can find vintage Speedys at almost 40% of the retail price at The Luxury Pop. Whether you’re a seasoned collector or a first-time buyer, the Speedy is definitely worth considering.
