Really? why not on a bag but a watch. an H bag can be used for over 10 years and still not out of style. H bag is a good buy compared with other brands.......any name brand bags costs over $10K nowadays and they go out of style next year.........
different people have different preferences. I am sure there are many people like me willing to spend 0.1m in watch but not handbags. I never have a 0.1m handbag but have a few 0.1m+ watches.
watches can be kept forever too. Handbags is made of leather, if you have to preserve for over 10 years in good condition it's quite difficult. I will not use a 15 years old Hermes (unless looks new, but how can you preserve a 15 years old handbag in new condition?), but will wear a 15 years old diamond watch (watch and jewelry can be easily refurbished).