One man’s trash
It’s a few weeks old, but this article about the luxury carrier bag caught my eye. It’s by Helen Barrett of the Financial Times.
In particular, this paragraph widened my eyes:
A curious parallel market has emerged in used luxury product packaging on sites such as eBay, where large paper Céline carriers are listed for about £25 each. According to recent research by the credit broker Money, empty Louis Vuitton boxes sell for an average price of £74. You could argue such a market is absurd, but in satisfying demand, it is entirely rational.
I had no idea that this market existed. I recently donated an old radio to a charity shop in a spare yellow box from a certain Italian perfumer, for no better reason than to keep the power adapter and the radio together. A quick search on eBay reveals that the going rate for the box is a multiple of that for the radio. I have posted back library books in boxes worth more than the price of the postage and the books combined.
The value of boxes was news to me, but it wasn’t shocking. It’s not unusual for me to see a second-hand shop or a market stall and to comment to Wendy that I would have binned everything they were selling if it were in my house. I’m bad at recognising the intrinsic value of stuff I think of as rubbish.
I’m the opposite of a hoarder: I like to get rid of stuff. If you like, call me William Morris (‘Have nothing in your house that you do not know to be useful or believe to be beautiful’) or Marie Kondo (I fold my socks but, regrettably, I don’t talk to my backpack). Wendy has, shall we say, different preferences. Hopefully, our approach is happily balanced overall.
I’ve made an effort over the past year to offer more stuff to charity shops rather than sticking it straight in the recycling, partly—if I’m frank—because of the tax-based financial incentive. But I’m sure there’s a lot, like the boxes, where I don’t recognise the value and could try to do better.
The image at the top of this post was generated by DALL·E 3.
This post was filed under: Post-a-day 2023, Financial Times, Helen Barrett.