Nick, If those prices boggle you, check and see what Hermes bags sell for. There is a waiting list, so some people order bags through Hermes and then re-sell them on ebay and make a small profit. I've seen the alligator Birkin bag sell for $30,000, and just a plain yellow leather Birken sell for $12,000. Outragrous. Those are car prices. Regarding ebay, every bag you see is a fake unless: 1) it is used, and even then there's a good chance it's fake. 2) it's offered at the same price one would find at a store. LV does not sell second-quality bags. All of their factory seconds are destroyed. They also only sell their bags at their stores, and I think a FEW other retail stores. From what I hear, they never go on sale. This would make it impossible for an ebay seller to get a bunch at a lower price to resell - they would have to walk in the store and buy the bags, which would not be profitable. A tip for spotting fakes: I heard that on the multicolor bags, the real ones do NOT have a red 'LV' in the pattern, while in many cases the fakes do. I hung out with my friend and a girl he's friends with one time. She was complaining the whole night that the Gucci logo fell off her purse. I asked to see the purse and felt the leather - it was so cheap and stiff - felt like vinyl. I guess that was a great indication of it's authenticity.
Seriously, Those are car prices. I mean, I might spend thousands of dollars on a watches but at least its worth something when resale time comes (of course I don't want to resell them). At least the watches are fine miniature works of art, each one finished by hand and are made out of (at least some parts) precious metals. How complicated can it be to make a handbag? Barring precious metals / precious gems, what makes an alligator bag worth $30k? And please do not tell me the brand name; no name is worth that much. Jon.