THIS SEPTEMBER, an Hermès Kelly bag sold for $346,000 at a Sotheby’s auction in Paris, making it the most expensive bag sold in Europe. In 2019, a bottle of Macallan single malt 60-year-old sold for $1.9 million. The Patek Philippe Nautilius is the most coveted watch at auctions. A Patek Philippe Nautilus steel sport watch with a Tiffany Blue face sold at an auction for $6.5 million last December. Then, of course, there is the art market where auctions result in new records ever so often.
What if you have one of these bags, watches, whisky, wine or art collections? In other words, put your money where your love is. Invest in your passions.
Passion investing refers to
