Whether you're a seasoned collector or just starting to explore the market, understanding which bags hold their value is essential. Here, we’ve curated a list of the top 10 handbags with the best resale value, making them must-haves for any fashion-forward investor.
Designer Brands With The Best Resale Value
In the luxury accessories resale space, it is no surprise that brands such as Hermès, Chanel, and Louis Vuitton hold their value the best.
Designer Bags With The Best Resale Value
These are some of the bags with the best resale value. This is, of course, subject to change and this list is not exhaustive. In no particular order, these are some of the designer bags with great resale value:
1. Hermès Birkin
The Hermès Birkin is the ultimate symbol of luxury and exclusivity, known for its impeccable craftsmanship and timeless design. The bag is named after the late actress/singer/model Jane Birkin.
Birkins often sell for significantly more on the resale market than their original retail price, particularly rare editions or those crafted from exotic leathers.
2. Chanel Classic Flap
The Chanel Classic Flap is an enduring icon in the world of luxury fashion. This iconic bag has seen regular price increases over the years, making it a strong investment choice.
3. Hermès Kelly
Named after Grace Kelly, the Hermès Kelly bag is synonymous with elegance and sophistication. Like the Birkin, the Kelly is crafted with the highest level of craftsmanship and is available in various sizes and materials.
4. Louis Vuitton Neverfull
The Louis Vuitton Neverfull is a staple in luxury handbags, celebrated for its practicality and timeless appeal. This bag is a favorite for its spacious design and signature monogram canvas. It's the perfect shopping bag or work bag.
5. Goyard Saint Louis
The Goyard Saint Louis tote has excellent resale value due to its combination of exclusivity, craftsmanship, and timeless appeal. Goyard is known for its air of mystery—unlike many luxury brands, it doesn’t advertise, making its products more elusive and desirable.
6. Hermès Constance
As one of Hermès' most iconic yet also most casual and practical designs, the Constance is highly sought after for its sleek, compact silhouette with accordion sides and the signature ‘H’ clasp, which offers a subtle yet instantly recognizable touch of branding.
7. Chanel Deauville
The Chanel Deauville Tote was revealed in the brand’s SS12 collection. It pays tribute to Gabrielle ‘Coco’ Chanel’s favorite seaside resort in Normandy. The roomy tote is perfect for the beach or the city and it often sells for more at resale.
8. Chanel Boy Bag
Chanel’s Boy Bag offers a more androgynous take on the house’s classic flap bag. The boxy bag was introduced by Karl Lagerfeld and it quickly became a must-have in the fashion world.
9. Fendi Baguette
The Fendi Baguette, often credited as one of the first ‘It’ bags, has made a strong comeback in recent years. Its compact, stylish design and the variety of colors and materials make it highly collectible. Vintage and limited-edition Baguettes are particularly prized, maintaining strong resale values.
10. Gucci Jackie 1961
The Gucci Jackie 1961 is a timeless icon, originally introduced in the 1960s and reimagined several times over the years. Named after Jacqueline Kennedy, who was famously photographed with the bag, the Jackie 1961 features a sleek, curved silhouette and the signature piston clasp.
How To Ensure Designer Bags Maintain Their Value
While certain styles of bags will retain their value better than others, it is also important to take into account the bag’s condition.
If you want your bags to retain their value, it is important to make sure they are kept in pristine condition. It is also a good idea to keep the original box, dustbag, and any papers (such as authenticity cards) and receipts that it came with.
As soon as your bag is no longer in mint condition, it will see its value decrease.
Where To Buy Designer Bags?
myGemma is a leading destination for purchasing pre-owned designer bags, offering a curated selection of luxury accessories from top brands like Hermès, Chanel, Louis Vuitton, and more.
As a trusted online destination for luxury, myGemma offers designer items at competitive prices. All items are authenticated in-house before reaching the website or the app.
One of the advantages of buying from the resale market is that you will find items that are rare, no longer in production, as well as current favorites for less. When it comes to Hermès, at myGemma you get to skip the wait and buy a Birkin or a Kelly.
Check out our online reviews to see what customers have to say about myGemma.
How To Sell Designer Bags Online?
Whether you want to make room for things you really love or you want some extra cash, consider selling the designer accessories you no longer want.
myGemma gives you the option to trade-in your items for store credit (for extra value) or to sell for payment. All you have to do to start is fill out the online form. The form is quick and easy.
Once that is completed, a member of the team will evaluate your form and provide you with an offer. From price quote to payment, it can take as little time as 24 hours.
When you decide to sell your designer accessories, you give them a new lease on life. It is the right choice for the planet, and for your wallet.
