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Chanel Bags That Are Worth The Investment

According to Business Insider, Chanel handbags are an extremely valuable investment in South Africa. If you bought a brand new Chanel flap bag in 1997 it may have cost you R5,000 but today the value would appreciate to around R59,000 for the very same item. In fact, the value of pre-owned Chanel bags has increased by 7% – surpassing both Louis Vuitton and Christian Louboutin.

If you want to learn more about investing in Chanel handbags and which items are especially valuable right now then keep reading.

Why Chanel Bags Are Worth The Investment

Chanel handbags are a timeless accessory that has always been in high demand. Especially because Chanel does not have a fashion and accessory store in South Africa. Additionally, because of the pandemic, there are travel restrictions, which makes it even harder to get your hands on a dreamy designer bag. 

For example, if you look at the Chanel Medium flap bag’s retail value increase of 5,21% however, its resale value exponentially increased by a whopping 17,25%.

In fact, Chanel handbags - like the iconic medium flap bag - will give you a better return on investment than gold. 

ALSO SEE: Can Luxury Handbags Be An Investment?

Chanel Handbags That You Should Invest In

All Chanel handbags (and other accessories) are valuable and fashionable in their own way. However, the crème de la crème models value more over time and are well worth the investment. 

ALSO SEE: The Most Iconic Chanel Handbags You Should Invest In

The Flap Bag

The key to investing in a Chanel bag is to purchase the classics. This is because you can make the most money with designer items that remain in style throughout the years.

The flap bag was designed by Gabrielle 'Coco' Chanel herself in the 1950s and is still relevant in today’s fashion. 

ALSO SEE: The History of The Chanel Flap Bag

The Boy Bag

Although the Boy Bag was introduced in 2011, it is indeed a great investment piece. According to Who What Wear, just a few years ago you could’ve snatched the bag for around R36,000 but today it can cost up to R80,000 depending on style and materials used. The Boy Bag clearly holds its value well on the resale market. 

A widely-acclaimed bag inspired by love, Chanel’s boy bag was inspired and named after Coco Chanel’s lover Arthur Capel, whose nickname was “Boy”. Minimalistic chic and well structured, the Boy bag is an excellent investment for years to come.

The 2.55 Reissue Bag

This is another classic piece that’s well worth the investment. The 2.55 was originally designed by Coco to allow women the option of carrying their belongings around hands-free. She was inspired by the look of military bags in the 1920s. In fact, the very name of the bag is a homage to the era. ‘2’ for the month of February and ‘55’ for the year 1955. 

Additionally, the bag is sturdy and beautifully made with soft calfskin leather. Hence, it does not require much upkeep and of course, a well-maintained item is more valuable than a deteriorated bag. The bag has also significantly increased in the pre-owned market in recent years. However, it’s extremely hard to come by.

Other Chanel Items That Are Good Investments

Rare Items

Limited edition items and designer collaborations (such as the Chanel x Pharrell collection) also value well over time. So, if you’re able to purchase rare items - go for it!

Vintage Items

The pre-owned market allows you to access a world of authentic designer items including rare and vintage items that are no longer available at official luxury stores like Chanel. These items are excellent investments.

Where To Get Chanel Handbags & Other Designer Items To Invest In

Luxity is Africa’s largest and most trusted luxury reseller, but also have a shortage of highly coveted designer handbags like the Chanel flap bag or the Hermès Birkin bag that are readily available. Just last year, we sold a black Togo Birkin within 2 minutes after it was listed on our online shop. That’s why we encourage our customers to create an account on our website and add to their interests, you will be notified when your desired items are available - like the Chanel flap bag. In the meantime, shop our available Chanel items.