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1992 Chanel Black Quilted Lambskin Vintage Mini Flap Bag
1992 Chanel Black Quilted Lambskin Vintage Mini Flap Bag

1992 Chanel Black Quilted Lambskin Vintage Mini Flap Bag

By Chanel

Located in Bishop's Stortford, Hertfordshire

CHANEL Black Quilted Lambskin Vintage Mini Flap Bag Reference: HB2226 Serial Number: 2528427 Age

Category

1990s French Crossbody Bags and Messenger Bags

1992 Chanel Black Quilted Lambskin Vintage Mini Flap Bag
1992 Chanel Black Quilted Lambskin Vintage Mini Flap Bag

1992 Chanel Black Quilted Lambskin Vintage Mini Flap Bag

By Chanel

Located in Bishop's Stortford, Hertfordshire

Age (Circa): 1992 Accompanied By: Chanel Dust Bag, Box Authenticity Details: Serial Sticker (Made in

Category

1990s French Structured Shoulder Bags

1992 Chanel Brown Caviar Leather Vintage Logo Trim Bucket Bag
1992 Chanel Brown Caviar Leather Vintage Logo Trim Bucket Bag

1992 Chanel Brown Caviar Leather Vintage Logo Trim Bucket Bag

By Chanel

Located in Bishop's Stortford, Hertfordshire

CHANEL Brown Caviar Leather Vintage Logo Trim Bucket Bag Reference: HB1807 Serial Number: 2781312

Category

1990s Italian Bucket Bags and Drawstring Bags

1992 Chanel Green Quilted Satin & Lambskin Vintage Timeless Shoulder Bag
1992 Chanel Green Quilted Satin & Lambskin Vintage Timeless Shoulder Bag

1992 Chanel Green Quilted Satin & Lambskin Vintage Timeless Shoulder Bag

By Chanel

Located in Bishop's Stortford, Hertfordshire

Number: 2352697 Age (Circa): 1992 Accompanied By: Chanel Dust Bag Authenticity Details: Serial Sticker

Category

1990s Italian Structured Shoulder Bags

1992 Chanel Black Quilted Lambskin Vintage Classic Fringe Shoulder Bag
1992 Chanel Black Quilted Lambskin Vintage Classic Fringe Shoulder Bag

1992 Chanel Black Quilted Lambskin Vintage Classic Fringe Shoulder Bag

By Chanel

Located in Bishop's Stortford, Hertfordshire

CHANEL Black Quilted Lambskin Vintage Classic Fringe Shoulder Bag Xupes Reference: HB2896 Serial

Category

1990s Italian Structured Shoulder Bags

Chanel "vine leaf" belt 1992
Chanel "vine leaf" belt 1992

Chanel "vine leaf" belt 1992

By Chanel, Karl Lagerfeld for Chanel

Located in SAINT-OUEN-SUR-SEINE, FR

CHANEL - (Made in France) Golden metal chain belt interlaced with leather and retaining two golden

Category

1990s French Belts

Chanel Vintage 1992 Iconic Leather Chain Sunglasses
Chanel Vintage 1992 Iconic Leather Chain Sunglasses

Chanel Vintage 1992 Iconic Leather Chain Sunglasses

By Chanel

Located in Nice, FR

**** WE NO LONGER SHIP SUNGLASSES TO THE USA **** CHANEL vintage black sunglasses featuring iconic

Category

20th Century Italian Sunglasses

Chanel Collectors Black Silk Bow Hat Runway 1992
Chanel Collectors Black Silk Bow Hat Runway 1992

Chanel Collectors Black Silk Bow Hat Runway 1992

By Chanel

Located in Boca Raton, FL

Chanel is known for the iconic boxy tweed suits and the notorious double-C logo. However, before

Category

1990s French Hats

Chanel black leather biker cap with extra large chain, c. 1992
Chanel black leather biker cap with extra large chain, c. 1992

Chanel black leather biker cap with extra large chain, c. 1992

By Chanel, Karl Lagerfeld

Located in London, GB

Rare and iconic Karl Lagerfeld for Chanel biker cap, circa 1992. The hat features an extra large

Category

1990s French Hats

Vintage Moschino Half Chanel Pattern Maker's Dress 1992
Vintage Moschino Half Chanel Pattern Maker's Dress 1992

Vintage Moschino Half Chanel Pattern Maker's Dress 1992

By Moschino

Located in Los Angeles, CA

features half of a pink Chanel inspired suit jacket with black trim and pearl buttons, a black sleeve, a

Category

1990s Italian Cocktail Dresses

Chanel Medium Double Flap
Chanel Medium Double Flap

Chanel Medium Double Flap

By Chanel

Located in London, GB

wear. Authentication code: 2600330 Year 1992 This vintage Chanel® item has been authenticated by our

Category

20th Century Structured Shoulder Bags

CHANEL Black Quilted Lambskin Vintage Small Classic Double Flap Bag
CHANEL Black Quilted Lambskin Vintage Small Classic Double Flap Bag

CHANEL Black Quilted Lambskin Vintage Small Classic Double Flap Bag

By Chanel

Located in Bishop's Stortford, Hertfordshire

Number: 2275524 Age (Circa): 1992 Accompanied By: Chanel Dust Bag, Authenticity Card Authenticity Details

Category

1990s French Structured Shoulder Bags

Chanel Black Quilted Lambskin Leather Medium Classic Double Flap Bag
Chanel Black Quilted Lambskin Leather Medium Classic Double Flap Bag

Chanel Black Quilted Lambskin Leather Medium Classic Double Flap Bag

By Chanel

Located in Bishop's Stortford, Hertfordshire

: 1992 Accompanied By: Chanel Dust Bag, Authenticity Card Colour: Black Hardware: Gold (24k Plated

Category

1990s European Structured Shoulder Bags

S/S 1992 Chanel by Karl Lagerfeld Metallic Above-Knee Sheath Dress
S/S 1992 Chanel by Karl Lagerfeld Metallic Above-Knee Sheath Dress

S/S 1992 Chanel by Karl Lagerfeld Metallic Above-Knee Sheath Dress

By Karl Lagerfeld for Chanel, Chanel

Located in North Hollywood, CA

S/S 1992 Chanel by Karl Lagerfeld iridescent above-knee sheath dress. White dress with iridescent

Category

1990s Day Dresses

S/S 1992 Chanel Karl Lagerfeld Black Plunging Peplum Backless Mini Dress
S/S 1992 Chanel Karl Lagerfeld Black Plunging Peplum Backless Mini Dress

S/S 1992 Chanel Karl Lagerfeld Black Plunging Peplum Backless Mini Dress

By Karl Lagerfeld for Chanel, Chanel

Located in Yukon, OK

DESIGNER: S/S 1992 Chanel- apron style dress with a crinoline peplum back to give your bum a boost

Category

1990s French Cocktail Dresses

Spring 1992 Chanel Green and Black Terrycloth Jacket
Spring 1992 Chanel Green and Black Terrycloth Jacket

Spring 1992 Chanel Green and Black Terrycloth Jacket

By Chanel

Located in PARIS, FR

Chanel 1992 spring jacket in green and black terrycloth in a size medium. Very good condition

Category

1990s French Jackets

1992 Chanel Leather and Chain Belt with Gold Metal Vine Leaves
1992 Chanel Leather and Chain Belt with Gold Metal Vine Leaves

1992 Chanel Leather and Chain Belt with Gold Metal Vine Leaves

By Karl Lagerfeld, Chanel

Located in Paris, FR

Schiffer in the Autumn 1992 LookBook. The belt is stamped Chanel (see photo). Exceptional piece in

Category

1990s French Belts

Chanel Sequin Jacket
Chanel Sequin Jacket

Chanel Sequin Jacket

By Chanel

Located in New York, NY

1992 Chanel sequin jacket. Features velvet piping/border (on the inside) and velvet bows on the

Category

1990s Unknown Jackets

Chanel “CC” Ostrich Shoulder Chain Bag (Vintage 1992)
Chanel “CC” Ostrich Shoulder Chain Bag (Vintage 1992)

Chanel “CC” Ostrich Shoulder Chain Bag (Vintage 1992)

By Chanel

Located in Los Angeles, CA

Vintage Ostrich Bag by Chanel Circa 1992 Brown ostrich leather Leather CC on front Gold tone

Category

1990s French Shoulder Bags

Vintage Chanel Large Quilted Leather 1992 Collection Bag
Vintage Chanel Large Quilted Leather 1992 Collection Bag

Vintage Chanel Large Quilted Leather 1992 Collection Bag

By Chanel

Located in Paris, FR

Vintage Chanel large quilted camel leather bag, in excellent pre-loved condition. This beautiful

Category

1990s French Shoulder Bags

Chanel Vintage Terry Cloth Sweatshirt 1992 (S/M)
Chanel Vintage Terry Cloth Sweatshirt 1992 (S/M)

Chanel Vintage Terry Cloth Sweatshirt 1992 (S/M)

By Chanel

Located in Montreal, Quebec

Chanel Vintage Terry Cloth Logo Sweatshirt 1992. Rare, monogram, white and black letters, knit

Category

1990s Italian Sweaters

Chanel Around 1992 Made Diana Flap Chain Bag 23Cm Black
Chanel Around 1992 Made Diana Flap Chain Bag 23Cm Black

Chanel Around 1992 Made Diana Flap Chain Bag 23Cm Black

By Chanel

Located in London, GB

Chanel Around 1992 Made Diana Flap Chain Bag 23Cm Black Additional information: Measurements: H 13

Category

20th Century Crossbody Bags and Messenger Bags

Chanel Vintage Collection 29 F/W 1992 Bird Cage Jacket
Chanel Vintage Collection 29 F/W 1992 Bird Cage Jacket

Chanel Vintage Collection 29 F/W 1992 Bird Cage Jacket

By Chanel

Located in US

Chanel jacket features a cutout satin ribbon caged bodice. Jacket is open with no button closures

Category

1990s French Jackets

Chanel Belted Black Wool Dress With Logo Buttons - Circa 1992
Chanel Belted Black Wool Dress With Logo Buttons - Circa 1992

Chanel Belted Black Wool Dress With Logo Buttons - Circa 1992

By Chanel

Located in London, Chelsea

Chanel dates from 1992 and features covered buttons with gilt ‘CC’ logos on top. With long sleeves and

Category

1990s French Evening Dresses

Chanel Around 1992 Made Turn-Lock Fringe Bijoux Chain Bag Red
Chanel Around 1992 Made Turn-Lock Fringe Bijoux Chain Bag Red

Chanel Around 1992 Made Turn-Lock Fringe Bijoux Chain Bag Red

By Chanel

Located in London, GB

Chanel Around 1992 Made Turn-Lock Fringe Bijoux Chain Bag Red Additional information: Interior

Category

20th Century Italian Crossbody Bags and Messenger Bags

Chanel 2.55 Reissue Medium Double Flap Bag Jersey 1992 - black
Chanel 2.55 Reissue Medium Double Flap Bag Jersey 1992 - black

Chanel 2.55 Reissue Medium Double Flap Bag Jersey 1992 - black

By Chanel, Karl Lagerfeld

Located in Baarn, NL

Wow! This beauty is yet 25 years of age, but looks like its new! This is the Chanel 2.55 Medium

Category

1990s French Shoulder Bags

CHANEL Paris Vintage Classique Timeless , 1992
CHANEL Paris Vintage Classique Timeless , 1992

CHANEL Paris Vintage Classique Timeless , 1992

By Hermès

Located in Milan, IT

Chanel Paris Bag 90s Vintage mini square in smooth beige lamb HDW in gold metal Excellent dust-bag

Category

Early 1900s Shoulder Bags

1992 Chanel Chunky Logo Chain Belt
1992 Chanel Chunky Logo Chain Belt

1992 Chanel Chunky Logo Chain Belt

By Chanel

Located in London, Chelsea

Vintage Chanel Gilt Logo Chain Belt. This gorgeous belt by Chanel was created for the 1992

Category

1990s French Belts

Vintage 1992 Chanel Wool and Leather Bag. Golden Hardware
Vintage 1992 Chanel Wool and Leather Bag. Golden Hardware

Vintage 1992 Chanel Wool and Leather Bag. Golden Hardware

By Chanel

Located in Paris, FR

really nice Chanel bag in wool and leather. Vintage Bag from 1992. Really good condition except

Category

1990s French Hobo Bags

Chanel Black Leather and Gold Tone Chain Belt - 1992
Chanel Black Leather and Gold Tone Chain Belt - 1992

Chanel Black Leather and Gold Tone Chain Belt - 1992

By Chanel

Located in London, Chelsea

uplift any outfit. Designer: Victoire de Castellane Label: Chanel Period: 1992 Materials

Category

1990s French Belts

Chanel Black Tulle Skirt Spring - Summer 1992
Chanel Black Tulle Skirt Spring - Summer 1992

Chanel Black Tulle Skirt Spring - Summer 1992

By Chanel, Karl Lagerfeld

Located in Cincinnati, OH

Chanel, Spring - Summer 1992, black tulle skirt with pleating at waist, boning at waist and

Category

1990s French Puff Skirts

Chanel 1992 Runway Black Leather and Gold Tone Metal Belt
Chanel 1992 Runway Black Leather and Gold Tone Metal Belt

Chanel 1992 Runway Black Leather and Gold Tone Metal Belt

By Chanel

Located in London, Chelsea

. In the original box. This belt was part of the Chanel SS 1992 runway show and 1992 campaign. In one

Category

1990s French Belts

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1992 Chanel For Sale on 1stDibs

Surely you’ll find the exact vintage or contemporary 1992 chanel you’re seeking on 1stDibs — we’ve got a vast assortment for sale. Our collection includes a variety of colors, spanning Black, Brown, Red and more. Finding a 1992 chanel for sale for women should be easy, but there are 12 pieces available to browse for men as well.

How Much is a 1992 Chanel?

The price for a 1992 chanel starts at $425 and tops out at $12,800, and on average, selling for $2,526.

Chanel for sale on 1stDibs

In the years following the opening of her modest millinery shop, Gabrielle "Coco" Chanel became a pivotal designer of both fashionable casual wear and Paris haute couture as well as an icon and arbiter of 20th-century style with her bob haircut and pearls. Today vintage Chanel handbags, jackets and evening dresses are among the most sought-after clothing and accessories for fashion lovers all over the world.

The first Chanel shop was established in 1910 in Paris on rue Cambon by the young milliner Gabrielle Chanel (1883–1971), who had picked up the nickname “Coco” while working as a club singer. The boutique drew the attention of the Parisian fashion elite who popularized her wide-brimmed Chanel Modes hats. Soon she added a sportswear store in the Normandy resort town of Deauville, where Coco set the tone for her defining sense of style — traditionally masculine garments reimagined for feminine shapes, made from simple jersey fabric.

Effortless and elegant, Chanel's designs promoted comfort and grace in women’s wear that had been dominated in the previous century by complicated layers of fabric and cumbersome corsets. She followed this success with a couture house, opened in 1915 in Biarritz.

But Chanel was not born into a life of glamour. Following the death of her mother, her father left her in an orphanage where she lived until the age of 18. It was there that she learned to sew as well as appreciate the classic pairing of black and white as worn by the nuns.

In 1926, Chanel introduced her first little black dress, reclaiming a color that had once been reserved for mourning and working-class women. That same decade, she debuted her perfume, Chanel No. 5, as well as the Chanel suit with a fitted skirt, inspired by the boxy lines of men’s clothing and employing a sporty tweed. 

Chanel closed her fashion operations during World War II, then returned to the industry in 1954 to design for the functional needs of modern women.

Structure and wearability endured in all of Chanel’s clothing and accessories, like the quilted leather 2.55 handbag — a 1955 update of a 1920s-era design — with its gold-chain shoulder strap that freed up a woman’s hands. The 1957 two-tone slingback pumps had a practical heel height while offering a bold statement in the black tip of the shoes. Her collarless jacket reacted against the constricting styles of Christian Dior's New Look, replacing them with a design that was timeless, an instant classic. 

After Coco Chanel died in 1971, the brand underwent several changes in leadership, including fashion designer Karl Lagerfeld, who took over as artistic director in 1983. His collections for Chanel displayed his knack for synthesizing old and new, high and low. Lagerfeld revived Chanel ballet flats and thoroughly embraced the classic logo's interlocking CCs, which took the form of a clasp featured on so many of the rare Chanel bags that are much sought after today.

Vintage Karl Lagerfeld designs for Chanel dresses, coats and other clothing of the 1980s, '90s and 2000s riffed on its iconography, accenting a lexicon of Chanel-isms with tastes of the moment. And as the 1990s have become associated with styles adopted by today’s supermodels and influencers, vintage Chanel bags of the 1990s are among the most prized of the brand’s offerings.

Over the years, the company has continued to innovate, such as expanding into ready-to-wear fashion in 1978 and, in 2002, establishing a subsidiary company — Paraffection — dedicated to preserving the heritage skills of fashion artisan workshops. The House of Chanel still operates its flagship on rue Cambon in Paris, where it all began.

Browse vintage Chanel bags, evening dresses, shoes, jewelry and other clothing and accessories on 1stDibs.

Questions About Chanel
  • 1stDibs ExpertApril 5, 2022
    The value of Chanel bags has been steadily increasing for years. This is because each year, they make a “limited run,” which means that there are only so many available to purchase from the Chanel store or expertly vetted platforms from some of the world’s top sellers on 1stDibs.
  • 1stDibs ExpertMarch 4, 2024
    Yes, Chanel has made bedding. Long after it established itself as a pioneering fashion label, the French luxury brand eventually expanded into home accessories and decor. Throw blankets, pillows and other goods for the home have been a part of its offerings over the years.

    The legendary designer and entrepreneur Gabrielle "Coco" Chanel was very fond of well-appointed interiors. "Fashion is not something that exists in dresses only," she said.

    A private apartment for the designer that occupied a floor at 31 rue Cambon in Paris, the building that housed her first boutique, was home to decorative screens, bookshelves filled with books (Chanel was an avid reader), Louis XIV furniture, beige carpets and a sofa of her own design.

    A home built by architect Robert Streitz called La Pausa, located in a sizable detached villa in Roquebrune-Cap-Martin, France, was designed by Chanel and based on the convent-orphanage she lived in as a child. Chanel also created the interiors, reportedly with support from celebrated French designer Stéphane Boudin of Maison Jansen.

    Find vintage Chanel blankets and other home accessories on 1stDibs.

  • 1stDibs ExpertApril 5, 2022
    There are 310 Chanel boutiques located across the globe; 94 in Asia, 70 in Europe, 10 in the Middle East, 127 in North America, 2 in South America and 6 in Oceania. In addition to the Chanel boutiques, there are many authorized retailers of the Chanel line. Find a collection of expertly vetted Chanel fashions, accessories, and handbags from some of the world’s top reputable boutiques on 1stDibs.
  • 1stDibs ExpertFebruary 22, 2021
    The cost of a Chanel purse depends on its material, rarity, style and condition. On 1stDibs.com, you can purchase a Chanel purse starting from $280.
  • 1stDibs ExpertFebruary 22, 2021
    Chanel Mademoiselle perfume smells like orange, jasmine, rose, patchouli and vetiver. It is quite a bold and fresh scent.
  • 1stDibs ExpertFebruary 22, 2021
    Chanel is so expensive because it is a top-class designer brand which creates their products from quality raw materials and high production methods while employing some of the top talent in the fashion world. The brand's innovative designs along with its creative marketing strategy make Chanel a highly coveted brand.
  • 1stDibs ExpertJanuary 4, 2022
    Chanel was founded in 1910 by Gabrielle “Coco” Chanel, a French fashion designer who opened a hat boutique in Paris that year. Chanel went on to transform women’s fashion with revolutionary and elegant designs that tore down gender boundaries and freed women from the confining fashions of the day. Find vintage and contemporary Chanel bags, clothing and accessories from some of the world’s top boutiques on 1stDibs.
  • 1stDibs ExpertJanuary 4, 2022
    Chanel bags are made in France and Italy. The contemporary version of Chanel’s 11.12 bag, for instance, starts its life in a small factory in Verneuil-en-Halatte, located 90 minutes north of Paris, where the pieces of lambskin are cut by artisans with six years of training. The pieces are sent to Paris, where embroiderers spend a week embellishing the components, incorporating slight variations that make each bag a one-of-a-kind piece. Then, the leather pieces are shipped back to Verneuil, where craftspeople assemble them by hand into the iconic rectangular shape, complete with intricate piping and beading. Shop a collection of vintage and contemporary Chanel bags from some of the world’s top boutiques on 1stDibs.
  • 1stDibs ExpertApril 5, 2022
    Chanel is owned by Alain Wertheimer and Gérard Wertheimer. They are the grandsons of Pierre Wertheimer, the business partner of Coco Chanel, who founded the luxury fashion house in 1909. Shop a wide range of Chanel apparel and accessories on 1stDibs.
  • 1stDibs ExpertJanuary 10, 2025
    Coco Chanel was considered one of the leading fashion designers in the 1920s and ’30s in Paris. The first Chanel shop was established in 1910 on rue Cambon by the young milliner Gabrielle Chanel, who had picked up the nickname “Coco” while working as a club singer. The boutique drew the attention of the Parisian fashion elite, who popularized her wide-brimmed Chanel Modes hats. Soon, she added a sportswear store in the Normandy resort town of Deauville, where Coco set the tone for her defining sense of style — traditionally masculine garments reimagined for feminine shapes, made from simple jersey fabric. Effortless and elegant, Chanel's designs promoted comfort and grace in women’s wear that had been dominated in the previous century by complicated layers of fabric and cumbersome corsets. She followed this success with a couture house, opened in 1915 in Biarritz. In 1926, Chanel introduced her first little black dress, reclaiming a color that had once been reserved for mourning and working-class women. That same decade, she debuted her perfume, Chanel No. 5, as well as the Chanel suit with a fitted skirt, inspired by the boxy lines of men’s clothing and employing a sporty tweed. During the 1920s, she also unveiled the predecessor for the 2.55 Flap bag, which remains one of Chanel's most popular offerings. Shop a large selection of Chanel apparel, bags and accessories on 1stDibs.
  • 1stDibs ExpertFebruary 22, 2021
    All of Chanel's fine jewelry is made with 18K Gold (both yellow and white) and platinum and all of the diamonds used have very high clarity and color with a perfect set, resulting in some of the highest quality jewelry.
  • 1stDibs ExpertFebruary 22, 2021
    Although some Chanel jewelry contains real freshwater pearls, much of their costume jewelry is made from coated glass, though they are still high quality.
  • 1stDibs ExpertFebruary 22, 2021
    A Chanel tote's price can vary on the second depending on size, model, condition, and age. New Chanel small clutches start at around $1,900 while totes and other purses fetch $4,000-$5,000.
  • 1stDibs ExpertFebruary 22, 2021
    The latest prices for the Chanel wallet on chain is $3,100. There are many variations of this classic design, with some selling for closer to $2,100.
  • 1stDibs ExpertFebruary 22, 2021
    Yes, Chanel is one of the most desirable luxury brands in the world. This top-class designer brand creates their products from quality raw materials and high production methods while employing some of the best-known talent in the fashion world. Find many Chanel accessories and apparel on 1stDibs.
  • 1stDibs ExpertFebruary 22, 2021
    Depending on the bag's material, a vintage Chanel can be quite expensive. For instance, a vintage crocodile top handle bag costs around $130,000. The classic quilted leather bag is around $10,000.
  • 1stDibs ExpertFebruary 13, 2024
    Gabrielle "Coco" Chanel is the founder of Chanel. She established her first shop in 1910 in Paris on rue Cambon, and her boutique drew the attention of the Parisian fashion elite, who popularized her wide-brimmed Chanel Modes hats. Coco opened a sportswear store in the Normandy resort town of Deauville, where she set the tone for her defining sense of style—traditionally masculine garments reimagined for feminine shapes, made from simple jersey fabric. Chanel would go on to become famous for introducing the first-ever handbag to feature a shoulder strap and the little black dress. On 1stDibs, shop a variety of Chanel apparel, bags and accessories.
  • 1stDibs ExpertJanuary 4, 2022
    Chanel is a luxury French fashion house founded by Gabrielle “Coco” Chanel in 1910. Focused on women’s ready-to-wear clothing and haute couture, Chanel is most famous for the 1921 perfume Chanel No. 5, the 1925 Chanel Suit and the iconic 1926 little black dress, which remains a staple in women’s closets around the world to this day. Shop a collection of vintage and designer Chanel pieces from some of the world’s top boutiques on 1stDibs.
  • 1stDibs ExpertFebruary 22, 2021
    Chanel No. 5 smells like a subtle mix of florals, including rose, ylang-ylang, jasmine, lily of the valley and iris, sandalwood, and a hint of vanilla. Chanel No. 5 is one of the most popular scents in the world.
  • 1stDibs ExpertFebruary 22, 2021
    Although costume jewelry is usually more affordable because many Chanel costume pieces have a timeless style as well as good craftsmanship, they hold their value and so can be sold at an expensive price.