Your Old Chanel Flap Bag May Have Risen in Value

Assorted Chanel Classic Medium Flap handbags that was first released in 1955.

Assorted Chanel Classic Medium Flap handbags that was first released in 1955.

 

Top Right: Pink Chanel Reissue 2.55, 226. Top Left: Blue Chanel Reissue 2.55, size 227. Bottom  Right: Chanel Medium sized Boy Bag. Bottom Left: Blue Chanel Boy Bag small size.

Top Right: Pink Chanel Reissue 2.55, 226. Top Left: Blue Chanel Reissue 2.55, size 227. Bottom Right: Chanel Medium sized Boy Bag. Bottom Left: Blue Chanel Boy Bag small size.

A recent study by baghunter.com give owners of Chanel medium classic handbag something to cheer about. In between 2010 and 2015 your handbag value would have risen by around 70% which means it has beaten house price increase in the US, outpace inflation rates and outperforms the S & P 500!

When the first Chanel flap bag was officially launched in 1955, it was priced at $220 or after adjusted for inflation $1,964 in today's dollar value. In 2010, a Chanel Medium flap bag costs $2,850 and by the end of 2015, the same bag was $4,900. The price increase will not stop anytime soon as Thomai Serdari, an adjunct associate professor at New York University suggests, the designer label need to keep making profit and maintain its exclusivity.

Other selected Chanel bags included in the study also showed marked increased in prices but the Classic flap bag achieve the best investment return by far. Take for example Chanel Reissue 2.55, size 226 that was launched in year 2010 for $3,250. The study found that in 2011 price have risen to $4,300 or an increase of 32.3%. From 2012 to 2013, it was sold for $4,900 and in between 2014 to 2015 it was up by 69.23% or $5,500.

As for Chanel Reissue 2.55, size 227, in 2010 the retail price was $3600. By the year 2011, the same bag was sold for $4,700 or a 30.56% increase. From 2012 to 2013, size 227 was priced at $5,300 and between 2014 & 2015, it has risen by 66.67% or $6,000 each.

If you owned the small or medium Chanel Boy Bag the study find a lesser price increment. Price on launch for the smallest size Boy bag was at $2,600 in 2012. In 2013, it has risen by 42.30% or $3,700. In between 2014 to 2015 the small boy bag is being sold for $4000 or 53.85% increase.

The medium sized Boy bag that was initially marketed in 2012 was priced at $3,200. The same bag was sold for $3,900 in 2013 and from 2014 until 2015 the price rose to $4,200 or an increase of 31.25%

Do these finding justifies going out and spurge on an expensive Chanel handbag? That may be a case if you can afford one and intend on paying for it with cash rather than on credit.

Coach Collaborates With Disney for Mickey Mouse Handbag Collections

Coach's Mickey Mouse leather handbags in various colors

Coach's Mickey Mouse leather handbags in various colors

Mickey Mouse leather purses by Coach in various colors

Mickey Mouse leather purses by Coach in various colors

Coach's Mickey Mouse clutches

Coach's Mickey Mouse clutches

Coach's Mickey Mouse backpacks

Coach's Mickey Mouse backpacks

Coach's Mickey Mouse totes

Coach's Mickey Mouse totes

If you are a Disney lovers, be prepared for a new line up of Coach's Mickey Mouse theme collection of handbags and purses. The Mickey Mouse designs are currently available in New York and Paris in conjunction with Coach's 75th anniversary. However, the full collection will be released and open for sale online and store-wide starting on June 17.

Read more: https://style.disney.com/news/2016/06/10/disney-x-coach/

Prices for the Coach-Disney Micky Mouse handbag collections is available here.

Victoria’s Secret Angel Romee Strijd Spotted With a Chanel Handbag

Romee Strijd with leather Chanel quilted bag on her arm while shopping for clothing at a boutique in Venice Beach. Courtesy: dailymail.co.uk

Romee Strijd with leather Chanel quilted bag on her arm while shopping for clothing at a boutique in Venice Beach.
Courtesy: dailymail.co.uk

20-year-old Victoria's Secret model, Romee Strijd was out on the street with her fellow model friends after having strutted the runway the day before. The Dutch blond was wearing a basic tees and jeans. She was also carrying a classic black quilted Chanel bag with silver hardware while shopping at IRO boutique, a high end designer outfit outlet in Venice beach, Los Angeles.

Read more: http://www.dailymail.co.uk/tvshowbiz/article-3637344/Models-VS-Angels-Romee-Strijd-Jasmine-Tookes-Taylor-Hill-shop-til-drop-street-chic-ensembles.html