Meg Randell, designer bag specialist at Chiswick Auctions, adds that “Chanel flap bags do well in auction, and are just as popular now as they were in the 1950s – or even more popular. Various sizes of the 2.55 “have increased in value, with the larger ones more in demand now,” says Susie Nelson of Modes and More at Gray’s Antiques. These editions can be found in an array of colors and leathers including exotic skins, as well as variations in the strap and lock designs.Ĭhanel 2.55 flap bag from 2011, gold Python skin, sold at Chiswick Auctions Since its first introduction, Chanel has produced numerous versions of the original 2.55 black caviar leather design. Even following Chanel’s death in 1971 and Karl Lagerfeld’s reign at the house since the 1980s, the 2.55 has remained a staple.Ĭhanel 2.55 medium classic flap from 2006, black quilted lambskin, sold at Chiswick Auctions Still popular 50 years later, Chanel reissued the original design in 2005. The 2.55īorn out of practicality, the classic 2.55 quilted flap bag, introduced in February 1955, came complete with adjustable long double-chain strap and was designed by Coco Chanel for the modern woman to have free use of her hands. “The most coveted Chanel handbag style is the classic flap and 2.55 double flap classic,” says Adrienne Astrologo, owner and CEO of Ladybag International. Rectangular and compact, the 2.55, the Classic, or the Timeless are all iconic models of the Chanel house.” Since it was created, it has evolved into one for everyday use. Lalande adds, “The Chanel bag was primarily an evening or special event bag, not so much a travel or sports bag.
“A long-term investment in a Chanel bag must be based on classic models, emblematic of the brand,” says Jerome Lalande, specialist at Tajan. We asked 4 experts for advice on collecting Chanel handbags, how to identify authentic examples, and the key to preserving their condition. Yet, more recently the luxury item has become increasingly sought-after as an investment, with styles such as the 2.55 and Boy Bag selling well over their estimates at auction. The Chanel bag has always been viewed as a timeless classic. By: Fiona McKay & Xenia Capacete Caballero
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