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Investment platform Rally expands into luxury handbags

Business

Investment platform Rally expands into luxury handbags

By Dale Arden Chong

Nov 20, 2019

Rally, a digital platform designed for individuals to invest directly in rare collector items such as cars, books, drawings, and more, has expanded its offerings to luxury handbags. As the brand launches this new category, Rally will be listing an Hermès Bleu Saphir Lézard Birken Bag—which has been valued for 58,000 USD—for initial offering on Nov. 22 at 12:00 PM EST.

At Rally, items such as vintage books, rare watches, sports memorabilia, and more high-value assets are highly securitized before being split into shares and offered as equity investments to users of all income levels. Rally aims to democratize investments in collectible items such as these.

Rally is currently available for the iPhone as well as on its website.