LET ’ S LOOK into the most sought-out Chanel Classic Flap , the Medium size . In 2008 , this bag was $ 2,400 USD ; in 2014 , it was $ 4,900 USD ; and in 2021 , the bag is over $ 8,000 USD brand new .
This price increase is across all five of the classic sizes ( all measurements are in centimeters ):
• Mini : 16.5 x 14 x 6.5
• Small : 24 x 14.5 x 6.5
• Medium : 25.5 x 16 x 7.5
• Jumbo : 30 x 20 x 10
• Maxi : 33 x 23 x 10
Price increases can hurt to look at . However , those who were smart enough to invest in a Classic Flap in the past understand how Chanel is a safer investment than stocks . With prices only increasing regardless of the economy , it may seem like a no-brainer to start collecting .
HERE ARE 10 MORE REASONS TO START INVESTING IN YOUR FUTURE WITH CHANEL :
1 . Everyone loves a good sale , except Chanel . That ’ s right , Chanel Classic Bags never go on sale . The longer you wait , the higher the price will be .
2 . Chanel Classic Bags are always in-demand and on-trend . From the original 2.55 lock design in 1955 to the Karl Lagerfeld 1983 CC lock transition , the Chanel Classic Flap has been the “ it ” bag .
3 . You get what you pay for . Chanel Classic Bags ’ longevity far exceeds that of other brands .
The quality and craftsmanship of each bag is immaculate . The timeless style means you won ’ t tire of it like other on-trend styles .
4 . The value will only go up in the future , just like diamonds and gold .
5 . Investing in a Chanel Classic Bag is better than the stock market . Unlike the market which can be volatile , Chanel will never drop in value ( unless you ruin it ). Who needs a better reason to start “ investing ”?
6 . You can actually wear your investment . Of course , keeping your bags in good condition is important ; however , unlike stocks , this investment is an accessory to any outfit .
7 . You are buying a part of history . Chanel has a rich history , and it is important to learn more about where your items come from . Starting with the original creation from Gabrielle Chanel to the now iconic creation from Karl Lagerfeld , there is endless history to read about .
8 . These bags are very limited and hard to get your hands on . Because Chanel Classic Bags always sell out , it makes them more desired and sought after .
9 . Chanel Classic Bags are just that — classic . They go with everything and can be dressed up and down . They are here to stay and will not be going out of style in the future .
10 . If you made it down this far , then you already know the 10th reason is obviously because you just need it in your life .
Chanel has announced an official quota bag system that launched on June 7 , 2022 . The new policy states brand wide that you are limited to only purchasing two Classic Flaps ( any size , any color ) per year . This includes the Mini Flaps . This will apply to the 2022 fiscal year . This is the final step in elevating the status of the Chanel Classic Flap , making the bag less available and creating fewer new Classic Flaps on the market . The Classic Flap will now be more exclusive and sought after . This quota approach is similar to what is being done at Hermès . What does this mean for Chanel bag lovers ? The value of a Chanel Classic Flap will increase dramatically in the preowned market .
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