Even if you are tempted to purchase a vintage designer bag for yourself, be aware of the risks. To avoid frauds, choose a reputable business over online marketplaces like eBay and Facebook groups. How long have they been around? Check out their social media accounts and reviews. You can see the reactions of their clients to their content. An authenticity guarantee variant_sku_code=2270672-0-0-0-0-0-0 is also non-negotiable. Does the team have experience with counterfeit luxury goods? What are their methods of ensuring that customers receive what they paid for? Make sure you are familiar with their return policy. You may find that the bag of your dreams isn’t exactly what you were expecting or the condition it was in. It’s always better to have a hassle-free return when purchasing a costly bag.
Fashionphile was my choice because it allowed me to view photos of the exact item I was going to purchase. The photos were taken from every angle, so you could see any scratches or scuffs. I loved the price alert feature, where you could track a few pieces and see when they drop in price or go on sale. Fashionphile made this easy, thanks to all of these and the green flags that were provided by ‘what you should be looking out for’. Even though I haven’t personally dealt with Fashionphile yet, I’ve heard amazing things about the rest of these sites. Amazing customer service, great authentication practices, and many styles to choose!
Many fashion bloggers will agree that designer handbags can make a great investment. WhoWhatWear shows that between 2003-2021, the price of a Chanel Medium Classic Flap rose by 500% and gold by 400%. This isn’t true for every bag or brand. The Holy Trinity (Chanel Louis Vuitton and Hermes) is the most successful example of strong resale and financial returns. Each brand will still attract a lot more interest in the resale space if you take care of your items!
Birkin bags are a great choice for anyone looking to make a financial investment in handbags. The Birkin bag has a 14.2% annual yield, surpassing both the S&P 500’s and gold’s. It’s shocking to see that the average person cannot afford $12,000 for a purse, or even the famous celebrity favorite. Fashionphile sells the Birkin and other classic styles, like the Kelly.
We have to include Chanel as the final brand in the holy trinity when it comes to designer handbags. The almost 100-year-old Chanel is still the top choice for best designer handbag investment pieces despite price increases. The classic flap and boy bags are their most sought-after options.
The Saint Laurent LouLou bag was my first high-end designer bag. I love crossbody bags and I decided to go with the Saint Laurent LouLou. I was gifted the Tory Burch Flaming in black previously and thought it would make a great addition. LouLou is a great item for everyday wear. The dark beige color looks great with many outfits. It was the perfect choice after researching the best brands, and then the styles available at YSL. Note: I briefly considered the YSL College & Envelope.
I purchased the Small LouLou in black and the Christian Dior Saddle Bag. I knew that it would have great resale potential as it is a “body style” from the brand. It was also unique, which I love as I don’t usually wear shoulder bags. I thought this was the perfect occasion to make the leap and am so glad that I did. It is striking with its gold hardware, and I already have my eye on a few more straps for greater versatility.