December 20, 2016
By Jody Hume
THESE ARE THE TOP 4 CHANEL BAGS TO INVEST INSHOP CHANEL HANDBAGS
With a new year on the horizon, you may be thinking ‘new bag’? It’s a loaded question. Do you go for something new and trendy? Or something classic — a tried and true piece that will stand the test of time? If you’re in search of the former, you need look no further than the latest street style snaps and the endorsement of Instagram’s It girls to select your bag. But if you’re looking for the smartest investment, you’ll want the advice of a handbag expert. And that’s where Graham Wetzbarger, our Senior Director of Authentication, comes in. He’s a regular encyclopedia of knowledge on which brands, styles, colorways and types of leather hold their value and even increase over time.
Take this question he recently received from a RealReal shopper: “I’m planning on investing in a brand new Chanel bag soon with the intention that the value will increase and I will be able to sell it for a higher price after some time. I’m reaching out to you just because I’m curious which style, size, color, etc. Chanel bags sell most frequently on your site and for the greatest value.” Graham was happy to oblige. “What a fun question! These are the kind of enquirie that gets our blood flowing. Chanel bags can make a good investment but selection is important. Below are my four picks.”
Color: black or navy
Resale value: 75%
“The neutral colors are always in demand. Caviar leather shows very little wear and resells better than lambskin. These bags go up in price about 8% a year so they make a better long term investment (5-10 years). They resell at about 75% of the current retail price.” Shop flap bags.
Color: black or red
Leather: caviar, sevruga
Resale value: 80-90%
“Again the durability of the caviar leather keeps these looking newer longer. This is a great starter bag with a price point around $2,000. They are small and convertible so you can use them for many occasions. These resell at 80%-90% of their current retail value. I recommend selling after only 3 years.” Shop the WOC.
Leather: calfskin, caviar, lambskin
Resale value: 80%
“Also around $5,000 retail, the Boy Bag resells for about 80% of original price and is a fun reinterpretation of the classic flap. It’s better to sell these in the next two years. These may go out of style but for now are still popular since their launch 5 years ago.” Shop the Boy Bag.
Color: black, red, tan, cream, navy
Resale value: 70-75%
“These retail for $2,900.This bag is being discontinued so we anticipate the resale value will increase though the retail price can’t. In good condition they resell at 70-75%. This is a bag you could keep for 5-10 years and still sell well. Shop Grand Shopping Totes.
All items are pre-owned and consigned to The RealReal. Trademarks are owned by their respective brand owners. No brand owner endorses or sponsors this ad or has any association and/or affiliation with The RealReal.