If you are thinking of buying a vintage Chanel bag as an investment and are unsure about which styles will appreciate in value, a safe bet is to stick to the classics. Take a look at the chart below to see how much the price of a 2.55 medium flap has increased since 1955.
(pic credits: baghunter.com)
Which classic designs? The styles we think are worth investing in are the Chanel 2.55 Medium flap, Chanel Jumbo flap, Chanel mini flap and Chanel wallet on chain. These styles have been around for a long time and have steadily increased in value due to price inflation.
What about colours and materials? Go for the common colours such as black or beige. Red and pink are rare back in the days, so you'll find the price higher. Choose lambskin, caviar or even exotic leathers instead of materials like satin, velvet or patent leather as they do not age well. It may be tempting to pick those with fancy colours, beads, prints, tweeds and even the special edition bags. Bear in mind that these will appeal to a smaller group of people which means it could be more difficult to sell on.
It goes without saying that vintage bags are not brand new. Have reasonable expectations because they are aged 10 years or more so there will be signs of age, wear and imperfections. Some say that it adds character to the bag but we'd recommend buying the bag in the best condition for your budget.
What to look out for? Examine the pictures and descriptions clearly. It is very common for these bags to have signs of wear, especially on the corners and straps. Look out for scuffed corners, dryness, peeling, darkening, colour transfer and deflation.
Lambskin or Calfskin: Chanel lambskin bags are soft and buttery in texture, but they scratch easily and is prone to deflation. These are especially true for larger bags like the jumbo flap. Calfskin leather, on the other hand, is very hardwearing and forgiving.
Texture: Also note that re-coloured bags will lose the original soft buttery texture, so be sure to check with the seller if you think that the texture of the leather feels rough.
Hologram sticker: The serial number on the hologram sticker should match the number on the authenticity card. The font and style on the hologram sticker should represent the year accordingly (more information on how to spot this in our previous blog post).
Authenticity card: The numbers and border of the authenticity cards should be stamped in gold foil. The counterfeits tend to show a rainbow effect under light. Chanel also started inserting a grey circle logo stamp on the top right of some of the cards from 5xxxxxx digits onwards.
Dust-bags: There are some variations to dust bags over the years. Dust bags from the early 1980’s to early 1990’s were made in soft fleece material in either black with gold CC/Chanel printing or white in black CC/Chanel printing. In the late 1990’s, these were made in black cotton drawstring with a white Chanel print.
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