Is a classic Chanel bag a good investment?

Whether or not a classic Chanel bag is a good investment will depend upon a range of factors such as condition, rarity and more. Experts have reported that luxury handbags, including classic Chanel bags, have made for good investments over the years. 

A study of luxury investments in 2019 found that luxury handbags had the highest returns. For its spectacular seasonal runway shows, Chanel designs special bags that are typically produced in smaller editions, making them all the more desirable and prompting long waiting lists, while many handbags that are sought after today are objects of pure fantasy conjured up by the late couturier Karl Lagerfeld, whose prolific tenure at the helm of Chanel lasted from 1983 to 2019. 

Determining the value of any collectible depends upon a variety of aspects. In the case of assessing the value of a classic Chanel bag, you should consider color, size, condition and purchase price. Since 2019, Chanel has raised the prices of popular accessories such as the classic Medium Flap bag, the Small Boy bag and the 2.55 Large bag.