does chanel hold its value

We often talk about ‘investment pieces’, the things that will supposedly see you through a lifetime of wardrobe crises.

But, when it comes to fashion, knowing what to ‘invest’ in, when, and why can be something of a minefield. For us, looking at the resale value of items plays a big factor (circular fashion is where it’s at after all), alongside how much joy the item brings you, its history, quality, longevity and, of course, beauty.

Nowhere is this more true than when it comes to a handbag. A well-chosen designer bag really can last you forever, and even become a valuable heirloom after you’re gone (sorry, bit morbid). Conversely, if you’re interested in actually making money, as well as spending it, then a well-timed purchase and subsequent sale could help you bring in the big bucks.

Here, we dish the inside information on which classic designer bags and newer ‘hypey’ items people are searching for, buying, selling second-hand and what is really worth pumping your hard-earned, long-saved money into…

Otherwise known as the Chanel Classic Flap Bag, Chanel’s 11.2 bag (created in 1982 on Karl Lagerfeld’s arrival) is truly a classic.

Based on Coco Chanel’s 2.55 design (we’ve included this further down), the 11.12 is characterised by its gold chain, diamond quilting, double flap and ‘CC’ clasp, which combine to create a supremely useful but nonetheless pretty bag.

‘It’s a bag which has elegance but also practicality,’ Medley agrees, adding ‘it’s the perfect handbag to add class to any look’.

We’re unsurprised its popularity has resurged over the last year, since Chanel increased its price making it as expensive as a Birkin bag, thus increasing its resale value.

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