To buy or not to buy that is the question we always have with luxury bags.
Is buying a $5.600 bag too crazy? If no, what about a $12.000 bag? Actually, not that crazy if we change the perspective. From considering a luxury bag an impractical waste of money, let's take a look at how a luxury bag can make you richer.
As the investment greatly depends on one's budget, the post also includes some useful price tips for you. Let's start!
Let me start with Chanel. Chanel is...basics. It is one of the best-known Fashion Houses around the globe, founded back in 1909.
That is why Chanel knows what the woman wants.
CHANEL MEDIUM CLASSIC FLAP BAG
For instance, take a close look at the Chanel Classic Flap Bag, preferably in medium-size and caviar design. Diamond quilting, leather woven chain strap, interlocking CC closure, and beautiful, but useful, back pocket. Nobody can avoid its charisma! As for the price, Chanel knows for sure that Classic Flap Bag is an absolute best-seller, which means that Chanel increases the prices every year (sometimes with much as 20%+).
Just compare: only five years ago the price was $4,900 for medium-sized Flap Bag, and the current price is $5,600.
Still, every fashion-conscious person realizes - Chanel worths it.
CHANEL BOY BAG
The Boy Chanel Bag may be labeled as one more ''instant classic''. It perfectly bridges the gap between elegant style and boyish look.
The masculine style changed into a lady's must-have accessory is something extraordinary and new. The combination is really simple: the black color in gold hardware and quilted leather. The most common sizes are the medium or the medium-plus. The design perfectly matches the other classic's to any clothing in your wardrobe. It is up to you to choose!
The price range is the following; the latest price of Chanel Medium Classic Boy Bag is $4,900 and for the medium-plus size - $5,400. Just one year ago the proportion was like that: $4,700 and $5,200.
Figures speak for themselves!
What comes after Chanel?
The justified answer is Louis Vuitton. Yes, they are equally expensive though Louis Vuitton price ranges start at $1.000. Still, they are equally perfect. Louis Vuitton bags range from classic to casual designs, each having their own stories to tell.
LOUIS VUITTON SPEEDY BAG
Let me turn to the Speedy, which has been popular for almost a century. It seems that the Speedy is an absolute winner in all categories-it is the most inexpensive bag of the LV Family, it suits the needs of a busy, independent,21-st century woman and it is fantastic. The bag is available in four different sizes. The smallest - 25 cm - became popular with the help of Audrey Hepburn. She loved it because of its classic look and perfect-to-go size.
And, I believe, we all can trust in Audrey Hepburn’s excellent choice.
The price dynamics are as follows:
- Louis Vuitton Speedy 25 Bag in Monogram/Damier Ebene costs $950;
- Loius Vuitton Speedy Bandouliere 25 Bag in Monogram/Damier Ebene - $1,430.
As the bags are perfect for traveling, romantic getaways and even weekends in the country, the price is more than justified!
LOUIS VUITTON NEVERFULL BAG
Next comes one of the IT-girls favorites - the Neverfull. The tote style combined with soft leather makes this bag ideal for both casual and official looks for more than 70 years.
The bag is never full! No matter what you decide to take with you the Neverfull would never let you down!
The latest prices for the Neverfull are:
- Louis Vuitton Neverfull PM Bag in Monogram/Damier Ebene - USD 1240;
- Louis Vuitton Neverfull MM Bag in Monogram/Damier Ebene - $1320 USD;
- Louis Vuitton Neverfull GM Bag in Monogram/Damier Ebene - $1400 USD.
Every Louis Vuitton fan dreams about a Neverfull, especially the Damier Ebene version. Its size and shape make it a perfect everyday bag. It's resale value is about $899-999 provided the bag is in good shape.
Plus Louis Vuitton Neverfull MM/GM pouch is a very popular accessory. If you don't need a pouch, you can resell the pouch. Its release price varies from $250 to $300. Not bad. right? Buy the bag you want and if you don't want it, just resell it for the same value.
LOUIS VUITTON ALMA BB BAG
The Louis Vuitton Alma (BB) also requires particular attention. The bag is famous for its celebrity style and strict, but stylish and catchy silhouette. It comes in many sizes, in epi or patent leather and has an imprinted logo design. The Alma (BB) bag was designed back in 1934 but it still keeps the hearts of millions of women around the world! It is a true icon, isn't it?
Here is the latest price reference for you:
- Louis Vuitton Alma BB Bag in Epi Leather - $1.620;
- Louis Vuitton Alma BB Bag in Monogram Canvas - $1.230 USD.
In 2017, the difference was as follows:
- Louis Vuitton Alma BB Bag in Epi Leather – $1.590;
- Louis Vuitton Alma BB Bag in Monogram Canvas - $1.200 USD.
The steady growth is obvious! Plus it's one of Louis Vuitton's most versatile and famous bags. That means it's always-in-demand. It's resale price never goes down too much and considering the good condition of the bag, you can resell the monogram version at about $1000.
LOUIS VUITTON POCHETTE METIS BAG
The last but by no means least comes another famous LV family member - the Pochette Metis Bag. Elegant, stylish and chic! The original monogram version can be difficult to find as the bag is an absolute must-have! Tiny size, leather material, monogram style - something you definitely would like to have in your dream-bag wardrobe!
The current price guide is as follows:
- Louis Vuitton Pochette Metis Bag in Canvas - $1830;
- Louis Vuitton Pochette Metis Bag in Monogram Empreinte - $2230 USD.
Be aware that the resell value of this piece is always high - it can be higher than you originally paid. The Louis Vuitton Pochette Metis is monogram canvas is the most coveted bag in stores at the moment and it's almost impossible to get. There are long waiting lists that's why a lot of people prefer to pay a little extra but have this bag at their hands within a week. Louis Vuitton's prices are also adjusted every year which means the value is going higher and higher. Great investment piece!
Most of us immediately associate Dior with its long stay lipstick and lip maximizer. However, bag items also require our attention. Here, I would list the Dior Saddle Bag and the Lady Dior bag.
The Dior Saddle bag became an absolute must-have among bloggers and socialites. The return of the Dior Saddle Bag is tricky, but if anyone is going to bring back the look, it is going to be Dior. The new Saddlebag has longer straps, more colors to choose, magnetic snap closure and suede lining.
The recent price list is the following:
- Mini Dior Saddle Bag in Calfskin - $2700;
- Medium Dior Saddle in Calfskin - $3350;
- Medium Dior Saddle in Oblique Canvas - $2950 USD.
CHRISTIAN DIOR LADY DIOR BAG
The Lady Dior bag in large size and lambskin is one of the most sought-after bags! It truly has the Couture Dior spirit.
The black bag with iconic Dior Cannage stitching is a timeless work of art! It leaves one speechless!
Here is the latest price range:
- Lady Dior Large Bag in Lambskin - $4950;
- Lady Dior Large Bag in Calfskin - €3850;
- Lady Dior Large Bag in Smooth Calfskin - €3650.
Lady Dior has been around for more than 50 years and it's the most recognizable bag from Christian Dior. A lot of people are looking for every day. It is resale value is generally not that good as with Chanel, Louis Vuitton or Hermes. However, who knows - you might find a Dior addict and resell it close to the price you purchased it for.
Established in 1837 as a small family business, Hermes quickly became the mark of elegance, quality, and luxury. So, there is no wonder that Hermes is on the list of its bag nominees.
HERMES KELLY BAG
The Kelly Bag comes first. Grace Kelly had a true love for what was formerly known as the Sac à dépêches bag; an invention that came out of the 1930s. This was the born of the original Kelly bag. It was then renamed due to an iconic picture of the Princess, who used the bag to cover her pregnant belly from the photographers. Each bag is made by one only craftsman. It is crafted with the most expensive and luxurious skins and leathers available. The lining in the Kelly Bag is made from goatskin and the rest of the bag is made of extremely durable leather with distinct grains and patterns.
Now let us have a close look at the Hermes Birkin handbag. It was designed for the actress Jane Birkin, who found the Kelly too small. The bag is immediately recognizable - it takes from 15 to 20 hours for one artisan to make. The Birkin comes in a variety of hides from calf leather to saltwater crocodile skin. The metallic hardware is covered with gold or palladium. In 2017, during an auction in Hong Kong, Hermes Birkin bags were announced as the best investment even compared to gold. The choice is clear!
The difference between the two bags is slight. The Kelly has one handle and a shoulder strap compared to the Birkin’s two handles. The Kelly is smaller in-depth and the Birkin is more casual. But, both bags have equal iconic status.
As for prices, back in the 1950-s, before gray Kelly tried to hide her pregnant belly with the Kelly bag, its price was $1,000. Now the Kelly bag would cost you at least $10,000 (10 times as much as it cost in the 1950s).
When the Birkin bag was featured in the popular tv series of Sex and the City, it was possible to purchase it for $4,000. Today, however, it is possible to buy the same version of the bag for $12,000 (triple the value in only 15 years!). However, the price depends on your preferences: size, material, exotic trims, etc.
Hermes bags are valuable products. That is why the prices are increased by between 5% and 10% annually for a new bag. Craftsmanship, quality, immediate association with Grace Kelly, Jane Birkin, and Jean-Louis Dumas, Victoria Beckham and Kim Kardashian is the most common reasons why these bags reach astronomical prices. If you need a savvy, worth, stylish investment, you know what to do.
It is not an easy question when it comes to investment. But timeless classic as Chanel, Louis Vuitton, Dior, and Hermes can be your dream choice for once and for all!
I would highly recommend you, dear readers, to choose between listed above bags. Each of it worths your time, effort and budget!