Top 15 Timeless and Luxurious Bags to Invest in 2023
This post may contain affiliate links, which means we may receive a commission, at no extra cost to you, if you make a purchase through a link. Please see our full disclosure for further information.Luxury bags have always been associated with elegance, sophistication, and status. They are more than just a fashion statement; they can be a valuable investment. In recent years, the luxury handbag market has grown significantly, making it an attractive option for investors.
Investing in luxury bags with the intention to resell them later has become a popular trend among both fashion enthusiasts and investors. The potential to own an exclusive handbag that can increase in value over time has made it a profitable investment for many. The ease of buying and selling luxury bags online through various platforms has made this investment option accessible to everyone.
Luxury bags not only retain their value, but some even increase in price over time. The rarity of certain designs, limited-edition releases, and celebrity collaborations can make a bag worth much more than its original retail price.
In today’s fast-paced world where trends are constantly changing, investing in luxury bags can offer a stable return on investment. It’s a practical and beautiful way to diversify your portfolio.
Are you curious about investing in luxury bags? If so, you’ve come to the right place. In this post, I will take a closer look at the world of luxury bag investing. I will cover everything from understanding the market to finding the perfect bags to invest in 2023.
1. Hermès Birkin
First on the list is the Hermès Birkin. This bag is a classic investment piece, and neutral colors like black, brown, and beige are usually considered safe options. However, limited edition or rare color Birkin bags can also be valuable due to their exclusivity and high demand. Choosing the right material for a Hermès Birkin bag is an important factor to consider if you are looking to invest in this luxury item. Hermès offers a range of materials for their Birkin bags, including leather, crocodile, and ostrich. Generally, leather Birkin bags are the most popular and easiest to come by, while exotic materials like crocodile and ostrich are more rare and valuable.
If you’re looking to buy a brand new Hermès Birkin bag, you can expect to pay at least 9 000$ USD. However, some of the rarer and more unique versions can cost much more, up to 220 000$ USD or even more!
2. Hermès Kelly
Another popular Hermès bag to consider is the Kelly. The most popular leather types are Togo, Epsom, and Box calf leather, with Togo being the most durable and therefore potentially a better investment choice. Classic and neutral colors such as black, brown, and beige are typically considered safe investments as they are timeless and versatile. However, limited edition and rare color Kelly bags can also be valuable due to their exclusivity and desirability.
A Hermès Kelly bag that’s brand new typically starts at a price point of 10 000$ USD. However, for rarer and more unique versions of the bag, the price can soar up to 100 000$ USD or even more!
3. Chanel Classic Flap Bag
The Chanel Classic Flap Bag is a must-have for many luxury bag enthusiasts. This bag comes in different sizes, including small, medium, and jumbo. The medium and jumbo sizes are the most popular and have held their value well over time. When it comes to the leather types, caviar and lambskin are the most popular, with caviar being more durable and therefore potentially a better investment choice.
For the Classic Flap Bag, black is considered the classic and timeless color, and is often the safest investment option. However, limited edition or rare colors such as red, navy, or beige can also hold their value well due to their exclusivity and desirability.
A brand new Chanel Classic Flap Bag starts at around 5 800$ USD for the small size and can go up to over 10 200$ USD for larger sizes and more exotic materials.
It’s fascinating to see how the value of vintage luxury bags can appreciate over time. For example, a Medium Chanel Classic Flap Bag from the 1990s can sell for over 6 000$ USD on FashionPhile, a luxury consignment online store, despite having a retail price of about 1 200$ USD back then.
4. Chanel Boy Bag
If you’re looking for a more edgy option, the Chanel Boy Bag might be perfect for you. Medium and large sizes of the Chanel Boy Bag are usually the most popular, and caviar leather is considered more durable than lambskin, which may be an important factor to consider for investment purposes. Classic colors like black are a safe bet, but limited edition or rare colors can also be valuable due to their exclusivity. The hardware on the bag can also impact its value, with aged or ruthenium hardware being popular choices.
The price of a brand new Chanel Boy Bag can vary depending on factors such as size and material. For example, smaller sizes may start at around 4 300$ USD, while larger sizes and bags made from more exotic materials can cost over 6 000$ USD.
5. Louis Vuitton Speedy
The Louis Vuitton Speedy is a great option for those who prefer a more casual look. The Speedy comes in various sizes, with the 25 and 30 being the most popular sizes. The most popular materials used for the Speedy are Monogram Canvas, Damier Ebene, and Damier Azur. Limited edition or special collaboration Speedy bags, such as those featuring artist collaborations or unique designs, may also hold their value well due to their rarity and desirability. The hardware on the Speedy can also impact its value, with gold hardware being more popular and potentially increasing the bag’s value.
To give you an idea of the pricing for a brand new Louis Vuitton Speedy bag, the basic version in the smaller size typically starts at around 1 550$ USD. Prices can increase depending on the size and any additional features or materials, with larger sizes often costing over 3 000$ USD.
6. Louis Vuitton Neverfull
The Neverfull comes in various sizes, with the MM and GM being the most popular sizes. The most common materials used for the Neverfull are Monogram Canvas, Damier Ebene, and Damier Azur. Limited edition or special collaboration Neverfull bags, such as those featuring artist collaborations or unique designs, may also hold their value well due to their exclusivity.
It’s worth noting that the hardware on a Louis Vuitton Neverfull bag can also influence its value. Generally, bags with gold hardware tend to be more popular and could potentially increase the bag’s value.
The starting price of a basic, smaller-sized Louis Vuitton Neverfull bag is around 1 800$ USD, while larger sizes and more exotic materials can drive the price up to over 2 800$ USD.
7. Louis Vuitton Capucines
This is a relatively new bag compared to the others LV on this list, but it has quickly become a popular choice among Louis Vuitton enthusiasts. The Louis Vuitton Capucines is considered a good investment due to its timeless design, high-quality materials, limited production, and high resale value. Its classic and elegant design makes it versatile and usable for various occasions, while its craftsmanship and exclusive materials ensure a finished product of high quality. Louis Vuitton produces the Capucines in limited quantities, adding to its exclusivity and making it desirable for collectors and fashion enthusiasts. Moreover, the bag has consistently held its value on the resale market, making it a sought-after investment for those looking to purchase a luxury item that will retain its value over time.
Generally, the starting price for a Capucines bag made of Taurillon leather is around 4 550$ USD. However, the price can go up significantly for exotic skin versions of the bag, with some models costing over 60 000$ USD.
8. Dior Lady Dior
The Dior Lady Dior is a popular choice for those who prefer a more feminine and elegant look. When considering investing in a Lady Dior bag for 2023, there are a few key factors to keep in mind that could affect the bag’s worth. One important aspect to consider is the size of the bag, with the medium size being the most sought-after. As for materials, Lady Dior bags are typically crafted from lambskin, calfskin, or patent leather. However, limited edition bags that feature unique designs or collaborations with artists may also be valuable due to their rarity. In terms of hardware, gold is a popular choice and could potentially boost the bag’s value.
If you’re looking to purchase a brand new Dior Lady Dior bag, the price starts at around 4 300$ USD for the smaller size and basic materials. However, if you’re interested in larger sizes and more exotic materials, the price could go up to over 10 000$ USD.
Suppose you bought a brand new Lady Dior bag for 4 500$ USD and kept it in great condition for a few years. If you decide to sell it, you could potentially earn around 5 500$ USD for it. This means you could make a profit of 1 000$ USD.
9. Gucci Dionysus
The Gucci Dionysus is a unique and edgy bag that features signature Gucci details like the GG logo or iconic horsebit hardware. Limited edition versions of the bag or those made with exotic materials can often hold their value well, as can those in classic colors like black or neutral tones.
According to Gucci’s official website, the prices for the brand new Gucci Dionysus bag can range from around 2 200$ USD to 6 500$ USD.
10. Prada Galleria
The Prada Galleria is a classic, structured bag that comes in a variety of colors and materials. Classic and neutral tones are often the most popular colors for investment purposes, and bags made from exotic materials such as crocodile or ostrich may hold their value better than those made from traditional leather. Prada bags with the iconic triangle logo and silver hardware are often preferred and could increase the bag’s value.
If you’re interested in purchasing a brand new Prada Galleria bag, the price range you can expect is typically between 2 500$ USD to 5 500$ USD.
11. Bottega Veneta The Pouch
The Bottega Veneta The Pouch is a timeless and classic bag that comes in neutral colors like black, brown, or beige. Choosing a high-quality material like leather or canvas will ensure durability and longevity of the bag. It’s a versatile accessory that can complement different outfits, making it a reliable investment.
The starting price for a brand new Bottega Veneta The Pouch is approximately 2 700$ USD. However, some models made with exotic materials or embellishments can cost upwards of 5 000$ USD or more.
12. Saint Laurent Sac de Jour
Looking for a handbag that will never go out of style? Consider the Saint Laurent Sac de Jour! Opting for a classic design in a neutral color like black, beige, or navy will keep your bag timeless and complement a wide range of outfits. Investing in high-quality materials like leather will also help ensure durability and longevity, which is great for maintaining its resale value over time.
Based on past prices and trends, the starting price for a small Saint Laurent Sac de Jour bag in leather is around 2 690$ USD, while a larger size in exotic leather can go up to several thousand dollars.
13. Valentino Rockstud Spike Bag
The Valentino Rockstud Spike Bag is a designer bag that is considered a good investment in 2023 due to its timeless design, high-quality craftsmanship, and potential resale value. The bag is made of durable leather and features a classic diamond-quilted design with signature pyramid studs. It comes in different sizes and colors to cater to various styles. As a reliable and versatile investment piece, it is expected to remain a popular and valuable item in the fashion industry for years to come. Additionally, designer bags like the Valentino Rockstud Spike Bag tend to retain their value over time, making it a smart choice for those who want to invest in a stylish and durable bag that can be resold in the future.
Valentino Rockstud Spike Bags typically range from around 2 000$ USD for a smaller size to over 5 000$ USD for a larger size or a more detailed design.
14. Fendi Peekaboo
Want to invest in a luxury bag that holds its value? The Fendi Peekaboo is a great option! As a well-known and respected fashion brand, Fendi’s Peekaboo bag is classic and timeless. Choose a size and color that will work with your wardrobe and can be used daily. Buying the bag below its current market value could also increase your potential for a profitable return on your investment.
Fendi Croc Peekaboo bags can be considered a potential investment for several reasons. First and foremost, they are high-quality luxury items that are made with exquisite craftsmanship and premium materials. The use of genuine crocodile skin adds to the exclusivity and rarity of the bag, making it a desirable item for collectors.
Fendi Peekaboo bags are considered high-end luxury items, and their prices can vary significantly depending on factors such as the material used and design. The cost of these bags can range from 1 500$ USD to 34 000$ USD, with the most expensive options often being crafted from exotic leathers.
15. Givenchy Antigona
The Givenchy Antigona is a highly sought-after luxury bag that stands out from others with its unique design and structure. Its sharp lines and angles give it a modern and edgy look, while the bag’s high-quality materials and expert craftsmanship ensure its durability and longevity. The Antigona comes in several sizes, making it versatile for different occasions, and a range of colors and prints are available to suit different personal styles. Its signature triangle logo and metal detailing add to its aesthetic appeal, and it can elevate any outfit to a sophisticated and stylish level. If you’re looking for a luxury accessory that is both unique and versatile, the Givenchy Antigona is a great investment!
Prices for a new Antigona bag start at around $2,000 and can go up to $3,000 or more, depending on the specific features of the bag.
Staying Up-to-Date with Luxury Bags: Tips and Investment Considerations
Luxury brands typically release new collections and limited edition bags throughout the year, featuring unique designs, materials, and colors. The best way to stay up-to-date on the newest luxury bags would be to check the official websites of your favorite brands, visit brand boutiques, and follow trusted luxury resellers on social media platforms such as Instagram.
Some luxury brands that are known for releasing new collections and bags frequently include Chanel, Louis Vuitton, Gucci, Hermès, and Dior. However, it is important to note that new releases may have long waiting lists and can be difficult to obtain due to high demand.
Limited edition luxury bags can be a good investment option, but they are not necessarily the only or the best option. Limited edition bags can become highly sought-after and valuable over time, especially if they are in high demand and were produced in limited quantities. However, it’s important to keep in mind that not all limited edition bags will appreciate in value.
Other factors that can make a luxury bag a good investment include the brand’s reputation and history, the bag’s classic and timeless design, and the bag’s rarity and condition. Classic and iconic designs from luxury brands like Chanel, Hermès, and Louis Vuitton are often considered safe investment options because they have proven to retain their value over time and are still super popular among collectors and fashion enthusiasts because of their timeless charm and exclusivity. People love them even though they are pricey, as they represent the ultimate luxury and style statement.
How to Maximize Profit Potential
Investing in luxury bags can potentially be a profitable venture, but it’s important to approach it as a serious investment decision and not just as a hobby or personal interest. Here are some things to consider:
1. Research the market: Before investing in luxury bags, it’s important to understand the market and the factors that can affect the value of a particular bag. Look for historical data on sales and price trends, and keep up-to-date on market news and trends.
2. Focus on rarity and demand: Just like any other investment, the key to making a profit on luxury bags is to buy low and sell high. Focus on investing in bags that are rare or in high demand. Limited edition or vintage bags from well-known luxury brands are often the most sought after and can appreciate in value over time.
3. Buy from reputable sellers: To ensure that you’re purchasing an authentic luxury bag, it’s important to buy from reputable sellers, such as authorized dealers, established auction houses, or reputable resellers. Do your research and verify the seller’s authenticity before making a purchase.
4. Store and maintain your bags properly: Luxury bags should be stored in a cool, dry place and handled with care to maintain their value over time. Avoid exposing them to direct sunlight, extreme temperatures, or moisture, which can damage the bag’s materials and reduce its value. By following these simple tips, you can help ensure that your luxury bags remain in excellent condition and are more attractive to buyers when it’s time to sell. If you’re looking to sell your luxury bags and get the best price possible, it’s a good idea to keep the original box and receipt, as this can help potential buyers verify that the bag is authentic.
5. Consider professional appraisals: If you’re considering investing a significant amount of money in a luxury bag, it may be worth getting a professional appraisal to ensure that the bag is authentic and that you’re paying a fair price.
Risks and Rewards of Investing in Luxury Bags
Investing in luxury bags can be exciting, but it’s important to keep in mind that, like any investment, there are potential risks involved. Before making any investment decisions, be sure to do your own research and understand the risks involved before investing in luxury designer bags. It is also advisable to consider diversifying your investment portfolio and not relying solely on one type of asset.
If you’re considering investing in a luxury bag and potentially reselling it in the future, it’s important to remember that the process can be complicated. To make sure you get a fair price for your bag, it’s a good idea to work with a reputable reseller or professional appraiser. These experts can help you determine the true value of your bag, guide you through the selling process, and even connect you with interested buyers. With their help, you can feel confident that you’re making a wise investment and getting the best possible return on your luxury bag.
I hope you found this post helpful and informative! As we’ve seen, luxury bags can be a valuable addition to any investment portfolio. By doing your research and selecting the right bags to invest in, you can potentially earn a significant return on your investment. Just remember to consider factors such as brand reputation, rarity, and condition when making your purchasing decisions.
Investing in luxury bags can also be a fun and enjoyable hobby for fashion enthusiasts. You will have the opportunity to own beautiful, high-quality bags that will only increase in value over time.
So if you’re interested in investing in luxury bags, go ahead and give it a try! With the right knowledge and strategies, it can be a lucrative and rewarding investment venture.
bunfuns
I still have a few on this list I need to collect.
Linhy Banh
Amazing! Which one is your favorite?