Ready to Look Expensive?
Adopt the secrets of the wealthy-, expensive- and gorgeous-looking women.
Congratulations!
You are on the right track to becoming the woman you always wanted to be!
Best Chanel Bag to Invest In: Investing in luxury fashion is never a waste of money, especially when it comes to Chanel bags. These timeless pieces are not only a fashion statement but also a sound investment that can potentially be resold for profit.
To help you make the most out of your investment, we’ve compiled a list of the 20 best Chanel bags to invest in, including the iconic Chanel 2.55 and Chanel Classic, as well as other highly recommended styles like the Deauville Tote and the Coco Top Handle Bag.
Table of Contents
This classic design* was first introduced by Coco Chanel in 1955 and remains one of the most sought-after Chanel bags to this day.
Another timeless design, the Chanel Classic Bag* is a must-have for any fashion-conscious collector.
It’s also one of the most versatile bags in the Chanel collection, making it an excellent investment.
Named after its 2019 launch date, the Chanel 19 Bag* has already become a fan favorite, thanks to its sophisticated design and spacious interior.
This edgy design* was inspired by Coco Chanel’s boyfriend, Boy Capel, and is a popular choice among younger customers.
This versatile tote* is perfect for everyday use and is a great option for those who are looking for a more practical investment.
A miniature version of the Classic Flap, this mini bag* is a great choice for those who are looking for a more compact design.
This stylish bag* is perfect for those who prefer a more structured design and is a great option for both casual and formal events.
Investing in Chanel bags can be a wise bet for vintage enthusiasts who have sourced limited editions, exquisite styles, and pricey materials to resell in the used market.
The resale value of Chanel bags is determined not only by scarcity but also by style. With a 3% annual retail price increase, reselling a classic Chanel bag is a nearly foolproof way to make lucrative gains in the secondary market.
A Chanel bag’s monetary value is typically determined by its ability to retain its hype and convert it into a long-term trend. Luxury handbags have low volatility, giving investors more stability, and can protect investors from inflation and provide extra financial security during a recession.
Buying a Chanel bag may make more financial sense than investing in the Nasdaq-100 index because it has outperformed the stock market and gold in the past. Owning an iconic Chanel bag but not wearing it requires a special kind of willpower that few people have, so purchasing one should be done with caution.
Investing in Chanel bags can be a lucrative investment, but it is critical to select the appropriate style and color.
Classic black Chanel bags are a good choice for first-time investors because they hold their value over time. It’s also a good idea to think about selling the bag yourself on sites like eBay for a better return.
Finally, when investing in Chanel bags, patience and maintaining the bag’s condition are critical.
The Deauville Tote and Grand Shopping Tote have the highest secondary market value retention, retaining an average of 112% and 110%, respectively. Classic Flap Bag Quilted Lambskin, Coco Handle, Mini Flap, 2.55, 22, Graffiti Cloth Backpack, Pearl Crush Bag, and Classic Single Flap Bag Quilted Lambskin are some other iconic Chanel bags worth investing in.
Chanel minis are among the most popular styles available from Chanel and are notoriously difficult to obtain. They usually necessitate certain steps, such as researching which style to purchase and when Chanel restocks. It is also critical to consider the bag’s price and whether it is likely to appreciate in value.
Classic Chanel bags are an excellent investment, with some models retaining up to 99% of their original retail price on the secondary market. Chanel bag resale value has risen in tandem with primary market price increases, and the brand’s average value retention is 87%. The price of a Chanel Medium Classic Flap bag has risen from $1,150 in 1990 to $7,800 in July 2021, representing a 14.7% annual price increase.
The Chanel 2.55 is the most iconic and well-known Chanel bag. It is a timeless classic that Karl Lagerfeld reimagined and that collectors continue to seek. The Classic Double Flap, Camera Bag, Boy Bag, Gabrielle Bag, Vanity Case, Wallet on Chain, and J12 Watch are also popular Chanel bags.
That’s determined by your individual preferences and financial situation. Purchasing a Chanel bag used can be less expensive and potentially more sustainable than purchasing a new one. Chanel bags, on the other hand, appreciate in value over time, so purchasing new ones may be a better investment. Furthermore, the selection of used Chanel bags available online is frequently superior to that available in stores.
The Medium (also known as M/L) Chanel Classic Flap Bag size is the most popular. It is 25.5cm x 15.5cm x 6.5cm in size (9.9″ x 6″ x 2.5″).
Since 2018, Chanel bag prices have been steadily rising, with the most recent increase occurring in July 2021. Prices are expected to rise further in August 2022, so if you want to get the best deal, buy a Chanel bag as soon as possible.
CHANEL is ranked higher than Gucci (#28 vs #52) based on customer ratings. Both brands sell high-end clothing and accessories, and their logos are two letters interlaced in a circular shape. When their beauty lines are compared, Chanel comes out on top.
Disclosure: We only recommend products we would use ourselves and all opinions expressed here are our own. This post may contain affiliate links that we may earn a small commission at no additional cost to you.
If you liked this blog article about the question: best chanel bag to invest in, don’t forget to follow us on Pinterest so you don’t miss any more fashion and beauty news.