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1998 Chanel Bag

Chanel 1998 Vintage Crochet Woven Small Tote Basket Bag
By Chanel
Located in Miami, FL
Chanel 1998 Vintage Crochet Woven Small Tote Basket Bag Year: 1998 {25 Years Vintage} Silver
Category

2010s French Tote Bags

Chanel 1998 Rare Vintage Medium Denim Quilted Classic Flap Bag
By Chanel
Located in Miami, FL
Chanel Rare Vintage Medium Denim Quilted Classic Flap Bag 1998 {VINTAGE 24 Years} Gold-tone
Category

1990s French Structured Shoulder Bags

Chanel 1998 Brown Caviar Leather Interlocking CC Logo Timeless Tote Bag
By Chanel
Located in Scottsdale, AZ
The Chanel 1998 Brown Caviar Leather Interlocking CC Logo Timeless Tote Bag is a sophisticated
Category

Late 20th Century Italian Tote Bags

Chanel 1998 Vintage Blue Denim Square Mini Flap Bag 24k GHW 68466
By Chanel
Located in Costa Mesa, CA
Store item: 68466 This Chanel 1998 Vintage Blue Denim Square Mini Flap Bag 24k GHW is another
Category

1990s Structured Shoulder Bags

Chanel 1998 Classic Flap Boy Mini Beige Bone White Caviar Crossbody Bag
By Chanel
Located in Miami, FL
Chanel Bone White Mini Boy Reissue Cross Body Flap Bag 1998 {Vintage 26 Years} White bone white
Category

1990s French Crossbody Bags and Messenger Bags

Chanel 1998 Red Vintage CC Travel Vanity Train Case Shoulder Crossbody Bag
By Chanel
Located in Miami, FL
Chanel Red Vintage 90's CC Travel Vanity Train Case Shoulder Crossbody Bag circa 1998 red leather
Category

1990s Italian Top Handle Bags

Chanel 1998 Vintage White Caviar Medium Classic Double Flap Bag 24k GHW 68618
By Chanel
Located in Costa Mesa, CA
excellent condition. The iconic holy grail bag is the Chanel Classic Flap. Coveted for its simplicity and
Category

1990s Structured Shoulder Bags

HERMÉS KELLY BAG 2 WAY 35 cm CHEVRE LEATHER, black, collection B - 1998
By Karl Lagerfeld for Chanel, Hermès
Located in Stuttgart, DE
HERMÉS KELLY BAG 35 cm, black Chevre leather (Made in France), Collection B = 1998 and in very
Category

1990s French Shoulder Bags

Recent Sales

1998 Chanel All Black Shoulder Bag
By Chanel
Located in Paris, FR
Rare Chanel Collectible All Black bag in black lambskin leather and black hardware. Really good
Category

1990s French Evening Bags and Minaudières

1998 Chanel Black Lambskin Timeless Bucket Bag
By Chanel
Located in Bishop's Stortford, Hertfordshire
CHANEL Black Lambskin Vintage Timeless Bucket Bag Reference: HB2158 Serial Number: 5772627 Age
Category

1990s Italian Bucket Bags and Drawstring Bags

Chanel Embroidered Bag 'Trompe l'oeil', 1998
By Chanel
Located in SAINT-OUEN-SUR-SEINE, FR
Chanel - (Made in France) 'Trompe l'oeil' bag entirely embroidered with silvery sequins and
Category

1990s French Evening Bags and Minaudières

1998 Chanel Black Caviar Leather Vintage Classic Shoulder Bag
By Chanel
Located in Bishop's Stortford, Hertfordshire
CHANEL Black Caviar Leather Vintage Classic Shoulder Bag Reference: HB2411 Serial Number: 5284135
Category

1980s Italian Structured Shoulder Bags

Chanel Black Quilted Lamb Leather Classic Bag, 1998
By Karl Lagerfeld for Chanel, Chanel
Located in SAINT-OUEN-SUR-SEINE, FR
Chanel - (Made in France) Black quilted lamb leather 'Classic' bag. Gold-plated cc fastener on a
Category

1990s French Crossbody Bags and Messenger Bags

Chanel 1998 Mint Quilted Lambskin Crossbody Camera Bag With Tassel
By Chanel
Located in Scottsdale, AZ
The Chanel 1998 Mint Quilted Lambskin Crossbody Camera Bag with Tassel is a stunning representation
Category

Late 20th Century Italian Crossbody Bags and Messenger Bags

1998 Chanel Black Quilted Lambskin Vintage Timeless Single Flap Bag
By Chanel
Located in Bishop's Stortford, Hertfordshire
Number: 5117044 Age (Circa): 1998 Accompanied By: Chanel Dust Bag, Box, Authenticity Card, Care Booklet
Category

1990s French Structured Shoulder Bags

Chanel Black Quilted Caviar Leather Vintage Classic Kelly Bag, 1998
By Chanel
Located in Bishop's Stortford, Hertfordshire
CHANEL Black Quilted Caviar Leather Vintage Classic Kelly Reference: HB1810 Serial Number
Category

1990s French Top Handle Bags

1998 Chanel Black Quilted Lambskin Medium Classic Single Flap Bag
By Chanel
Located in Bishop's Stortford, Hertfordshire
: 5398968 Age (Circa): 1998 Accompanied By: Chanel Dust Bag, Box, Authenticity Card, Protective Felt
Category

1990s French Structured Shoulder Bags

1998 Chanel Black Quilted Lambskin Medium Classic Single Full Flap Bag
By Chanel
Located in Bishop's Stortford, Hertfordshire
Number: 5382632 Age (Circa): 1998 Accompanied By: Chanel Dust Bag, Box, Authenticity Card, Care Booklet
Category

1990s French Structured Shoulder Bags

1998 Chanel Light Blue Quilted Lambskin Medium Classic Double Flap Bag
By Chanel
Located in Bishop's Stortford, Hertfordshire
Number: 5186473 Age (Circa): 1998 Accompanied By: Chanel Dust Bag, Box, Authenticity Card Authenticity
Category

1990s French Structured Shoulder Bags

1998 Chanel Black Quilted Lambskin Vintage Small Classic Double Flap Bag
By Chanel
Located in Bishop's Stortford, Hertfordshire
: 5030848 Age (Circa): 1998 Accompanied By: Chanel Dust Bag, Box, Authenticity Card, Care Booklet
Category

1990s French Structured Shoulder Bags

Chanel Vintage 1998 Kelly Black Caviar Leather 24K Gold Top Handle Bag
By Chanel
Located in Jersey City, NJ
This 1998 Chanel Kelly top handle bag is a rare gem in a black color. Crafted from caviar lambskin
Category

1990s Italian Top Handle Bags

1998 Chanel Black Quilted Lambskin Vintage Small Classic Single Full Flap Bag
By Chanel
Located in Bishop's Stortford, Hertfordshire
Serial Number: 5156141 Age (Circa): 1998 Accompanied By: Chanel Dust Bag, Box, Authenticity Card
Category

1990s French Structured Shoulder Bags

1998 Chanel Black Quilted Caviar Leather Vintage Medallion Tote
By Chanel
Located in Bishop's Stortford, Hertfordshire
: Serial Sticker no longer readable Age (Circa): 1998 Accompanied By: Chanel Dust Bag Authenticity Details
Category

1990s French Structured Shoulder Bags

Chanel Black Quilted Lambskin Vintage Small Classic Double Flap Bag
By Chanel
Located in Bishop's Stortford, Hertfordshire
Chanel Black Quilted Lambskin Vintage Small Classic Double Flap Bag Brand- Chanel Model- Small
Category

1990s French Structured Shoulder Bags

Chanel Black Quilted Lambskin Vintage Small Classic Double Flap Bag
By Chanel
Located in Bishop's Stortford, Hertfordshire
***** Age- Circa 1998 Accompanied By- Chanel Dust Bag, Box, Authenticity Card, Care Booklet Colour- Black
Category

1990s European Structured Shoulder Bags

Chanel Black Quilted Lambskin Vintage Medium Classic Double Flap Bag
By Chanel
Located in Bishop's Stortford, Hertfordshire
Serial Number: 5065529 Age (Circa): 1998 Accompanied By: Chanel Dust Bag, Box Authenticity Details
Category

21st Century and Contemporary French Structured Shoulder Bags

Chanel Black Vertical Quilted Lambskin Vintage Small Classic Single Flap Bag
By Chanel
Located in Bishop's Stortford, Hertfordshire
: 5364888 Age (Circa): 1998 Accompanied By: Chanel Dust Bag, Authenticity Card Authenticity Details
Category

21st Century and Contemporary French Structured Shoulder Bags

CHANEL Golden Brown Caviar Leather Vintage Timeless Shoulder Tote
By Chanel
Located in Bishop's Stortford, Hertfordshire
Number: 5620651 Age (Circa): 1998 Accompanied By: Chanel Dust Bag Authenticity Details: Serial Sticker
Category

1990s Italian Structured Shoulder Bags

CHANEL Golden Brown Caviar Leather Vintage Timeless Shoulder Tote
By Chanel
Located in Bishop's Stortford, Hertfordshire
Number: 5620651 Age (Circa): 1998 Accompanied By: Chanel Dust Bag Authenticity Details: Serial Sticker
Category

1990s Italian Structured Shoulder Bags

Chanel Vintage 1998 Black Caviar Classic Jumbo Flap Bag 24k GHW 64728
By Chanel
Located in Costa Mesa, CA
Store SKU: 64728 The iconic holy grail bag is the Chanel Classic Flap. Coveted for its simplicity
Category

1990s Structured Shoulder Bags

CHANEL Green & Grey Checkered Suede Flap Bag W. Brushed Silver Hardware c. 1998
By Chanel
Located in New York, NY
CHANEL Green & Grey Checkered Suede Flap Bag W. Brushed Silver Hardware c. 1998 Age: 1998 Made in
Category

1990s French Handbags and Purses

Chanel 1998 Jumbo Millennium Ivory Reissue Flap Bag
By Chanel
Located in Atlanta, GA
!! This Chanel Reissue Mademoiselle Jumbo Bag from the Millennium Collection has the rare Chanel
Category

1990s French Shoulder Bags

Chanel Vintage Quilted Bag 1998 - dark blue
By Karl Lagerfeld, Chanel
Located in Baarn, NL
Vintage Chanel bag in dark blue leather with gold-tone hardware. Nice!! This model is made in 1998
Category

21st Century and Contemporary French Shoulder Bags

Chanel Around 1998 Made Turn-Lock Top Handle Bag Pink
By Chanel
Located in London, GB
Chanel Around 1998 Made Turn-Lock Top Handle Bag Pink Additional information: Measurements: 24 W x
Category

20th Century Top Handle Bags

Chanel Around 1998 Made Turn-Lock Top Handle Bag Cream
By Chanel
Located in London, GB
Chanel Around 1998 Made Turn-Lock Top Handle Bag Cream Additional information: Measurements: 24 W
Category

20th Century Top Handle Bags

Chanel Around 1998 Made Turn-Lock Mini Chain Handle Bag Ivory
By Chanel
Located in London, GB
Chanel Around 1998 Made Turn-Lock Mini Chain Handle Bag Ivory Additional information: Measurements
Category

20th Century Top Handle Bags

Chanel Around 1998 Made Rattan Turn-Lock Basket Chain Bag Beige
By Chanel
Located in London, GB
Chanel Around 1998 Made Rattan Turn-Lock Basket Chain Bag Beige Additional information: Interior
Category

20th Century Italian Crossbody Bags and Messenger Bags

Chanel Around 1998 Made Caviar Skin Classic Flap Chain Bag Mini Black
By Chanel
Located in London, GB
Chanel Around 1998 Made Caviar Skin Classic Flap Chain Bag Mini Black Additional information
Category

20th Century Crossbody Bags and Messenger Bags

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1998 Chanel Bag For Sale on 1stDibs

Find the exact vintage or contemporary 1998 chanel bag you’re shopping for in the variety available on 1stDibs. If you’re looking for an option in Black and you’re unable to find the right fit, there are plenty of variations in Blue and more. Making the right choice when shopping for a 1998 chanel bag may mean looking at versions that date from different eras — you can find early iterations from the 20th Century and a newer version made as recently as the 20th Century, both of which have proven very popular over the years.

How Much is a 1998 Chanel Bag?

Prices for a 1998 chanel bag can differ depending upon size, designer and other attributes — on 1stDibs, these accessories begin at $1,200 and can go as high as $6,324, while, on average they fetch $3,231.

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.

Finding the Right Handbags-purses-bags for You

An integral part of fashion, handbags and purses have been indispensable accessories ever since we began to carry around personal items. Level of craftsmanship, style and shape matters — from coin purses in ancient Greece to early 20th-century opera bags and onward, handbags have evolved considerably over the years to meet our needs and desires, whether or not you happen to be prioritizing functionality over a flashy exterior.

Once, a single “It” handbag ruled each fashion season. No more. Today, lovers of vintage handbags are savvier and have a wider range of shopping options. Nevertheless, classics created by the likes of Louis Vuitton, Dior and Balenciaga still rule.

“It is not a fashion bag — it is a statement bag,” says Mightychic's Debra Kent of Hermès's widely beloved accessories. “When you carry an iconic Hermès bagBirkin, Kelly, Constance — no one knows how long you have been into this culture or if you are a newbie. Your status is validated immediately.”

First released in 1997, Fendi's Baguette rose to fame along with Carrie Bradshaw, the Sex and the City character portrayed by Sarah Jessica Parker. Recently, the design has seen such a resurgence in popularity that Fendi has reissued it.

They are part of design history, so owning a handbag has meaning. As New York–based fashion historian Sarah C. Byrd says, “You have made the choice to invest in this piece because you understand the value of it in the past and in the future to come.”

From a 1980s Chanel black leather quilted mini buckle bag to the rare Hermès Birkin 30cm Himalayan with diamond hardware to a range of 19th-century bags, find a rich variety of vintage and designer handbags and purses spanning numerous brands on 1stDibs — seasonal “It” designation no longer needed.

Questions About Chanel
  • 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 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 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 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 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 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 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.