Exactly. The only reason the handbag was supposedly worth $100,000 is because of the designer label attached to it. Sure the craftsmanship, if any and the hand stitching if any, might make it somewhat more valuable than a very similar looking leather handbag, just as nicely crafted that I might buy for the fraction of that price at Target or DSW, and BTW similarly produced in some third world country by someone making about a $1 a day in wages whether they are making a Hermes handbag or one I could buy for $30 bucks at Target. Ive bought lots of very nice handbags at Target and DSW and Kohls that are just as nice looking, fashionable and just as functional as any of those overpriced designer handbags.
The real fool is the person who would pay $100,000 for a piece of leather crafted into a bag with a fancy label on it made by the very same people and means as the $30 handbag that I can buy at a fraction of that cost, just to hold their stuff.
Designers who are off of many people's radars, but their product is made with the same quality leathers and hand stitching as Hermes.
It also cuts down on the danger of buying a counterfeit when a name doesn't have the buzz.
I'll ask Mrs Wbill about this tonight. I dunno the difference between, say, a $20 knockoff, and whatever a decent brand name costs.
We talked about it, awhile ago. For her, with little kids, a handbag is a lifeline, not a fashion accessory. When we talked, she said approximately: "Cheap bags, or knockoffs, just fall apart. Where it's something that I use daily, it's better to spend a little money and get something of quality, than be a penny wise and a pound foolish."
Sez me, fair enough. But I doubt that there are too many $100K handbags in her closet, either. LOL!