Rating and value of Chanel, Timeless, Wallet on chain bags

If you own a Chanel bag, and would like to know its value, our state-approved experts and auctioneers will offer you their appraisal services.

Our specialists will work to carry out a free appraisal of your bag, and will provide you with an accurate estimate of its value on the current market. Thereafter, if you wish to sell your bag, we will direct you to the best possible device to obtain an optimal price.

The price of a Chanel bag can vary according to the year, the leather, the edition (limited or not), the stones and metals used, as well as the wear and tear of the product.

Rating and value of a Chanel bag

The house of Chanel has become particularly famous for its handbags, which have shaped its history. They've been a hit from the moment they were released, and are among the best-selling luxury bags in the world.

The price at which they sell on the art and auction markets ranges from €300 to €330 000, a considerable delta but one that says a lot about the value that can be attributed to your Timeless.

In 2018, a purple crocodile jumbo Timeless sold for €10,400, a record achieved by Arcurial.

The sale of Karl Lagarfeld after his death only confirmed the craze for Timeless and the house's bags in general.

Order of value from a classic bag to the most in-demand

Reasons to sell a Chanel bag

Chanel bags are timeless and always in high demand on the auction market. Buyers are willing to pay unheard-of sums, as the house has made it bagss prestigious objects.

Limited editions and the death of Karl Lagarfeld have driven up prices across the house. Buying a Chanel bag always proves to be a investment, as prices keep rising. So unless it's very worn, it often resellsmore expensively than it was bought for.

The haute-couture house's most popular bag

Several Timeless bags have been successively created by the house. The name "Timeless" covers three bags: the 2.55, the Classique and the Boy. The 2.55 was created first, when Coco Chanel was still running the house.

She created the 2.55 in February 1955 (hence the name) so that women would have a bag they could carry on their shoulder for evening wear. The jeweled chain was an innovation at the time.

The classic Timeless saw the light of day thanks to Lagarfeld, who redesigned the 2.55 when he created collections for Chanel. The bag becomes an it bag.

This is when the double C appears on the bag, but the 2.55 is still sold. The prices on this sheet are those of the classic, the most in demand on the market today.

Finally, in 2010, Lagarfeld further modernized the Timeless by creating the Boy, in reference to Boy Capel, Chanel's childhood sweetheart. This model is rockier and less in keeping with the original Chanel line. 

The success of Chanel bags 

If the Timeless is so popular today, it's because it was the first shoulder bag designed for women. It's big enough to hold the essentials, and small enough to carry over the shoulder or across the chest.

So it doesn't take up much space, and it's absolutely not bulky. The Timeless, whatever the model, is of remarkable quality in terms of materials. We have limited editions like those presented at the Lagarfeld sale not long ago (Timeless by the Sea), made for Chanel's cruise fashion show. 

Thanks to the hard work of Gabrielle Chanel, Karl Lagerfled and in his wake Virginie Viard, they are proving to be a profitable investment, since vintage bags today are considered to be of higher quality than new ones.

Their exponential popularity is gradually taking the path of that of bags from the House of Hermès.

Some tips for recognizing a counterfeit

Excessively copied, even if haute-couture shouldn't be afraid of it according to the founder of the house, it seems important to provide a few clarifications so as not to get trapped with counterfeit.

So, you need to be extremely vigilant for several elements that indicate a bag is a counterfeit:

• Irregular letter spacing

• Non-compliance with Chanel typography

• Unaligned quilted diamond seams between bag parts and pockets

• Lack of serial number

• Irregularity and asymmetry of the embroidered CC inside the flap

• Clasp screws not flat

• Lack of signature inside the bag or on a metallized piece

• A hallmark on the clasp means the bag is old and increases its value

This is a non-exhaustive list, which can be completed. However, expertise is important and even essential for certain models.

Reasons to sell your bag at auction

Auctions are a solution to consider when selling your Chanel bag in order to gain time, visibility, potential buyers and, above all, high-ranking expertise.

Your bag is thus in the hands of certified auctioneers and experienced experts, who are keen to showcase your bag, in our sales specially dedicated to fashion.

Able to explain market trends and advise you on the right time to put your bag up for sale, they will advise and guide you so that you get the best price for it.

Understanding their value thanks to Lagerfeld

Recognizing an original Chanel bag

The counterfeit market is increasingly strong in manufacturing various bags passing them off as luxury bags. On online platforms, the resale of these items is steadily increasing, and many customers are being tricked.

This is why, even if techniques exist to recognize a real bag, including looking at the stitching, or the inscription of the serial number inside, or the label, it is essential if you think you own a bag from the house to have it appraised.

Typology of the different models

• Chanel's Classic Flap is one of the house's most iconic and timeless bags, renowned for its elegance and rich heritage.

  Originally designed by Gabrielle Chanel and revisited by Karl Lagerfeld in the 1980s, this bag is immediately identifiable by its diamond-shaped quilting, leather interlaced chain and double C clasp.

  The Classic Flap embodies the essence of chic Parisian style, combining simplicity and sophistication.

  Available in a range of sizes and materials, it remains a symbol of timeless luxury, prized by collectors and fashion enthusiasts the world over. It's a choice piece that transcends trends and continues to captivate with its refined allure.

• Chanel's Maxi Jumbo is an oversized version of the famous Classic Flap bag, emblematic of the House of Chanel.

  Introduced to meet fashionistas' growing demand for roomier bags while retaining Chanel's timeless design, the Maxi Jumbo boasts generous capacity without compromising elegance.

  Designed with the same iconic quilting, interwoven leather chain and iconic CC clasp, this bag combines functionality with sophisticated style.

  The Maxi Jumbo is particularly prized for its ability to hold more items while remaining a coveted luxury piece, perfectly embodying the idea that big can also be chic.

• The Wallet on Chain (WOC) by Chanel is an accessory halfway between a wallet and a handbag, perfectly embodying elegance and functionality.

  Compact yet surprisingly spacious, the WOC is designed with the same attention to detail as Chanel's other iconic bags, boasting diamond quilting, leather interlaced chain and the distinctive double C clasp.

  This versatile model is ideal for occasions when a larger bag isn't needed, while still offering plenty of room for the essentials: cards, phone, and a few small personal effects.

  The Wallet on Chain is prized for its practicality and refined style, making it a must-have in every fashionista's wardrobe, adding a touch of luxury to any outfit, day or night.

• The Camera bag by Chanel is a model inspired by the bags used by photographers to carry their equipment, reinterpreted by the house of Chanel with a touch of luxury and sophistication.

  Compact and practical, this bag features a rectangular silhouette with rounded corners, often adorned with the iconic diamond quilting and an intertwined leather chain.

  It is designed to be worn across the shoulder, offering freedom of movement while adding a chic note to any outfit.

  The Camera bag stands out for its functionality, with several compartments and zipped pockets that make it easy to store and organize essentials.

  This model appeals to fashion lovers for its practicality and elegant design, making it a perfect choice for those looking for a versatile and timeless luxury accessory.

Knowing the certain value of the bag

If you happen to own a Chanel bag or think you might, don't hesitate to request a free appraisal using our form on our website. A member of our team of experts and chartered auctioneers will contact you promptly with an estimate of your bag's market value, and will provide you with all the relevant information. If you wish to sell your work, you will also be accompanied by our specialists in order to benefit from alternatives to sell it at the best possible price, taking into account the inclinations of the market.