chanel gold handbag

In the market for a Chanel Gold Handbag? Our team has researched and reviewed the chanel bags prices to help you come up with a better decision. We’ve also put up a shopping guide with the features you can consider when buying the chanel bag 2020 models.

Chanel Gold Handbag

chanel bag 2020

There are few brands that rival Chanel when it comes to buying an investment handbag. The classic flap bags are not just a timeless wardrobe staple, but they also increase in value over time. However, once you’ve made the decision to buy an investment Chanel bag, how do you know which one is right for you?

From the high price tag to the sheer number of styles available, the decision can be daunting enough to make even Choupette’s hairs stand on end. And as the French fashion house brings out new iterations of the classics, as well as exciting one-off pieces, it just makes us want to own one even more.

Of course, most would probably say they’d like to buy the classic Chanel 2.55 flap bag. The iconic piece was first created by Coco Chanel herself when she got fed up with carrying her bag in her arms. To free her hands, she decided to add straps, an idea she took from soldier’s bag.

As with practically everything the iconic designer created, it was a revolutionary take on a classic item, as all handbags for women up until that point were carried. The 2.55 bag was launched in 1955, hence the name. However, it wasn’t until the ’80s, when Karl Lagerfeld took the helm, that the double-C locks were introduced.

How to Buy Chanel Bag

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So to help navigate the luxury marketplace and all things Chanel, we asked Sarah Davis of Fashionphile, a luxury handbag marketplace, to lend us her expertise on purchasing the iconic bag. From how much you should expect your Chanel bag to appreciate in price to understanding how to spot a fake, the tips you see here comprise the ultimate guide to buying a Chanel bag. Keep scrolling to find out more.

1. Know which popular styles will go up in value over time

how to buy chanel bag: know which popular styles will go up in value over time

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“The medium or jumbo Chanel flap bags that were selling back in 2000 are still super-hot today. But if I had to nail it down to a style right now, I’d say the medium Chanel Boy Bag is [one of] the most popular,” Davis tells us.

Chanel 2018 Small Boy Bag

Chanel 2018 Small Boy Bag ($4100)

“If you want to be sure that your bag will continue to gain value over time, stick with the basics,” Davis adds. “Go with a classic black Chanel flap bag made in lambskin or caviar leather. The crazy thing is that Chanel continues to raise the retail price on these styles every year or two. So if you bought your jumbo flap in 2006, it cost you $1885. If you buy that same bag in 2015, it will cost you $5770! This means that if you bought your bag back in 2006 and decided to sell it today, you can potentially make up to $4000 more than what you paid for it. Truth be told, if you hold on to any Chanel bag long enough (10+ years), you’re going to have some real value locked into that bag.”

2. Spot the rare collectable pieces

how to buy chanel bag: spot the rare collectable pieces

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“This is actually one of the things I adore about Chanel—the really cool, collectable, super-limited pieces. You actually have to hold on to them longer if you care about resale value because they’re special and usually have a higher price point out the gate. Some of my favourites are the minaudière clutches, such as the vinyl record minaudière, the cassette tape, and the gold bar. The S/S 04 cassette tape bag retailed for $1600. Fashionphile once received a clear one that’s a tiny see-through clutch. We had never seen one sell before and ended up listing it for $9000. It sold in 30 minutes.”

Chanel Evening Bag

Chanel Evening Bag ($19000)

3. Find out which hardware best suits you

how to buy chanel bag: find out which hardware suits you best

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“Sometimes more bells and whistles make a bag harder to resell. All the beading and tweeding looks amazing (and I love carrying a bag that no one else has), but if you care about resale, all those extra trappings don’t help. Stick with styles that have the traditional chain strap, a visible logo, and you’re good to go. The vintage hardware was made with 24k-gold alloy—you can tell these bags by the little hallmark embossed in the crossing CCs.”

Chanel Boy Handbag

Chanel Boy Handbag ($5400)

4. Learn the red flags of counterfeit bags

how to buy chanel bag: learn the red flags of counterfeit bags

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If you aren’t an expert in Chanel authentication, I’d say the most important thing to look out for is that you’re buying from a reputable seller. There are all kinds of businesses now that mean well but have a no-returns policy and one authenticator. ‘No returns’ is a red flag. Some of the higher-quality fakes even have registration numbers, holograms, cards, come with receipts, and are made of quality leather and hardware. Don’t be fooled just because a bag has these features. If you need help, use an online authentication service.”

Chanel Collections and Creations

Chanel Collections and Creations ($20)

SEE AND SHOP MORE CHANEL BAG STYLES BELOW

Chanel Backpacks

Classic Chanel bags: blogger carrying a Chanel backpack

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Chanel’s backpacks have been popular for decades now, but they’re experiencing a particular resurgence at the moment: Here, you can see a fashion blogger carrying one around at fashion week.

Chanel 2017 Daily Round Backpack

Chanel 2017 Daily Round Backpack ($3400)

Chanel Gabrielle Bag

Classic Chanel bags: a street style girl wearing Chanel's Gabrielle bag

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Gabrielle is one of the latest additions to the classic Chanel bag lineup. Featuring a double strap that you can wear both on your shoulder and across your body at the same time, it has proven to be an eye-catching version no street style star can resist.

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Chanel 2019 Small Gabrielle Hobo

Chanel 2019 Small Gabrielle Hobo ($3600)

Classic Flap Bag

Chanel bags: the Classic Flap Bag in black with interlocking CCs

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The classic flap bag traditionally can be recognized by the interlocking CCs (introduced by Karl Lagerfeld in the ’80s and now a permanent fixture), as well as the interwoven leather-and-chain strap. The classic flap comes in three sizes (small, medium, jumbo), and in many fabrications and iterations.

Chanel Large Perfect Edge Flap Bag

Chanel Large Perfect Edge Flap Bag ($2650)

Chanel Boy Bag

Chanel bags: a street style girl carrying a red Chanel Boy bag

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First introduced for spring/summer 2012, Chanel’s Boy bag is a more tomboyish, younger alternative to the ladylike, mature bags that came before it. The style—named after Coco Chanel’s lover, Boy Capel—still holds up as a mainstay on the street style scene. 

Chanel 2017 Small Quilted Boy Bag

Chanel 2017 Small Quilted Boy Bag ($3200)

Chanel Waist Bags

Chanel bags: waist bag worn by model

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The waist bag wasn’t around in Coco Chanel’s time, but it is a style Lagerfeld has come back to again and again (this season included). Celebs like Kendall Jenner and Bella Hadid are fully backing the fanny-pack trend, choosing dainty Chanel styles to join the hands-free club.

Chanel Waist Bag

Chanel Waist Bag ($3300)

Chanel Collector Bags

Chanel bags: hula hoop bag from spring/summer 2013

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No one can ever predict where Chanel’s most outrageous novelty bags will go next, but one thing’s for sure: They stay in a fashion editor’s memory— who could forget this hula-hoop bag from 2013? This season, it’s the beach ball minaudiere that’s catching our eye.

A Brief History of Chanel

Before we get to the Chanel handbag review section, let’s first talk about why the brand itself is so amazing.
Chanel bags – and indeed, their entire product line from scarves to perfume and beyond – have become a universal icon of class, wealth and style. It all started in 1910. Gabrielle “Coco” Chanel opened her first shop, a hat store at 21 Rue Cambon in Paris. Her designs sold to all the most famous French actresses. This helped her create a name for herself as an icon of simple, elegant fashion design.

By 1915, after introducing a popular sportswear line, Chanel again exploded the fashion world. This time with her first upscale couture house. From there, the rest is history. The brand has been firmly ensconced in fashion legend ever since.
What’s made the designer and her company so famous all these years? A few things: Emphasis on clean lines. Use of quality materials. Top-of-the-line and lasting construction. Exclusivity or limitation of designs. The latter is a trend which continues today.

It’s this last trait that makes Chanel such a good investment strategy. You can rest assured that the bag you buy this year won’t be available next year. That means after purchase, you have a commodity that only a few others will possess. Over time, that becomes an extremely valuable asset. While Chanel handbags will continue to be made, that particular bag will never get made again.

Why Chanel Bags Are Worth the Investment

People have long known this about fashion houses all over the world. Buying unique, beautiful, short-run items has always had the main advantage of knowing that as time passes, that piece will become more valuable. In addition to being a statement piece to beat all others, Chanel bags behave in the tried-and-true economic manner as all good investments.

They Appreciate in Value

As with all good and highly desired fashion items, Chanel bags get more expensive every year. This applies to both the new bags and the collector’s items that are no longer manufactured. They also don’t depreciate in value nearly as much as other bags, due to the quality of construction, the brand recognition and the fact that new bag prices continue to rise, so that they’re eventually worth much more than you paid for them.

They Stay in the Family for Generations

Chanel bags (really Chanel things in general) become excellent family heirlooms to pass on to your children or family members.  They can either enjoy it themselves or sell it for lot’s of cash. Sound like a pretty good investment strategy? It is, which is why the rich and famous have used it for so long. And that’s before we talk about what an awesome statement piece a good Chanel handbag is.

They Give You Membership to an Exclusive Club

Let’s face it: Your bag game simply isn’t on point unless you have at least one Chanel in your collection. Not everyone can afford one. Because of that, they’re a fantastic statement piece. You can be sure you won’t show up to a party and find half the party sporting a similar bag (how embarrassing would that be?!?) Adding to the exclusive caché is the fact that for many bags, you have to be waitlisted. That means you have to hold your horses while the fashion house gets your bag ready. They take your size, color, shape and other specifications into account. This is especially true for the classic flap bag. It is so popular that demand for it often far outpaces supply.

They Scream Quintessential Quality

Chanel handbags use exceptionally high-quality materials, without exception. (See what I did there?) Each one utilizes leather, fabrics and hardware of the best make. This is why pretty much all bags can safely qualify as “best Chanel handbags.”
Plus, the bags are of the highest possible craftsmanship. After all, good materials don’t count for much if the bag’s just going to fall apart in a few years. Luckily, that’s not an issue. The fashion house employs not only the best makers, but the best designers as well. (Long Live Chanel King Karl Lagerfeld.) Quality, much like investment potential and exclusivity, is the reason royalty, Hollywood and the elite have for decades put their money into luxury items such as these. Unlike the stars, however, you probably don’t have the funds for twenty Chanel handbags. Therefore should do your choosing widely. That’s where the rest of this Chanel handbag review comes in.

9 Best Chanel Bags of All Time

So now that I’ve convinced you that you NEED one or two Chanel bags in your life, let me help you figure out which one is best for you. Unlike some other fashion houses that achieve exclusivity and perfection of design through only one or two new pieces a year, Chanel offers a wide variety of handbags from which to choose.

Classic Flap Bag Chanel Bags

1. Classic Flap Bag

Of any handbag in the Chanel line, the flap is probably closest to what the stars wore a hundred years ago. Here, classically quilted in black caviar leather, the bag is available in a number of other materials and patterns as well. Each classic flap is finished with a Chanel snap on the front, chain handles and finest leather within.

Boy Bag Chanel Bags

2. Chanel Boy Bag

More expensive than the classic flap, the boy bag offers next-level luxury and storage. It has a wide-open compartment and bold leather framing on the outside. Thicker hardware and a sturdy lock give this an almost industrial feel. Nevertheless, it’s still the height of chic.

Shopping Bag Chanel Bags

3. Chanel Shopping Bag/Tote

Chanel totes are available in a huge number of shapes and sizes. While black is the classic color, you can find them in a number of others as well. Leather is the typical material. It is carefully worked and reinforced to stand up to decades of use. Some totes have a hardware logo. On others, it is quilted into the leather across the front of the bag.

Backpack Chanel Bags

4. Chanel Backpack

Here’s another classic shape. The Chanel backpack has a quilted front pocket and large statement flap with metal hardware. The top closes via drawstring, and the empty compartment is made to carry everything you need for a day. Get ready to enjoy Nice or your own hometown!

Hobo Bag Chanel Bags

5. Chanel Hobo Bag

Get ready to take “slouch” to a whole new level. Hobo bags are notable for their ability to combine that recognizable Chanel class with a casual aesthetic that works for both day and night. Whether the leather is quilted, rumpled or smooth, these investments are always a win.

Reissue Bag Chanel Bags

6. Chanel 2.55 Bag aka Reissue Bag

On the surface, the reissue bag looks like the classic flap. But it’s not. The design is sleeker, with a thinner profile and more distressed leather than its counterpart. The bag is a throwback to 1955 (hence the name), when it was first issued. In some ways, this makes it an even better investment. It has retro in spades!

Clutch Chanel Bags

7. Chanel Clutch

Nothing makes you more red-carpet-ready than a Chanel clutch. Like most of their other handbags, these are usually of the quilted variety. They come in a range of colors and a wide variety of finishes, but the main idea is the same. They’re small, easily held in one hand. If you prefer, you can pull out the delicate chain with which most are supplied.

Wallet On Chain Chanel Bags

8. Chanel Wallet on a Chain

This is like the clutch, except with a slimmer wallet profile. Wallets on chains, as the name implies, come with a long enough strap that you can carry them over a shoulder. Inside, you’ll find room for credit cards, cash, lip gloss and a phone. It’s the perfect accompaniment to a night out, and the classic style will go with almost any outfit.

Waist Bag Chanel Bags

9. Chanel Waist Bag

You thought fanny packs were uncool? Think again, because Chanel can turn any stereotype on its head. That’s right: Belting your purse to your middle has become awesome again. Following the same style as their other handbags (quilting and hardware), these small totes stick close to the body for crowded venues and hands-free activities. These are sometimes also released as camera bags, so watch out for variations in style and shape from year to year.

So which is your fave? Can you even pick ONE? I’m more of a boy bag girl, hah! I like the classic shape with the addition of the modern details and bold chains. Either way, you really can’t go wrong with Chanel. And if you liked this post, stay tuned for my next Chanel inspired piece where I’ll give you the scoop on all the different places you can find these beauties.

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