Chanel is one of the most iconic luxury brands in the world, known for its timeless quilted handbags, interlocking CC logo, and classic elegance. Its signature styles, such as the Classic Flap and Boy Bag, are highly sought after, making Chanel an excellent candidate for designer consignment.
If you're thinking about parting with your Chanel handbags or accessories, consigning them through a trusted platform can help you get the best return while ensuring your pieces are showcased to the right buyers.
What Is Consignment?
Consignment is the process of selling pre-owned items through a trusted third party, such as a consignment store or online platform. It allows sellers to part with items they no longer use while earning money in return.
In a traditional consignment setup, the intermediary lists and sells the item on your behalf. You get paid only once the item is sold. Some platforms also offer direct selling for quicker payouts, but consignment typically provides higher returns.
Designer consignment or luxury consignment refers to the process of selling pre-owned luxury goods, such as Chanel handbags or Rolex watches.
How Does Chanel Consignment Work?
This may alter depending on the platform. myGemma aims to make the process as simple as possible.
Guide To Consignment At myGemma:
- Fill Out The Online Form - It’s quick and simple to fill out.
- Receive Your Consignment Price Quote - Our price quotes are competitive and you can expect to receive up to 25% more than when you sell directly.
- Send Your Item Free Of Charge - myGemma provides a fully insured overnight shipping label. This is at no cost to you, to send your luxury items in for evaluation, authentication, and listing. 80% of consignment items are listed within 2-3 business days of being received.
- Wait For Your Item To Sell - We list on myGemma.com and on 25+ marketplaces.
- Payment Is Made Shortly After Sale - Details will be included in your consignment agreement.
Does Chanel Have A Good Resale Value?
Yes, Chanel has excellent resale value—among the highest in the luxury fashion market. Here's why:
Strong Brand Demand
Chanel is globally recognized for its heritage, exclusivity, and iconic designs, which keeps resale demand consistently high. The fashion house has a lot of instantly recognizable designs, especially in the accessories category.
High-Value Retention
Chanel bags retain an average of 80-90% of their retail price on the resale market, with some styles even appreciating in value. This is especially the case for limited editions and classics like the Classic Flap, Boy Bag, and 2.55 Reissue.
Frequent Retail Price Increases
Chanel regularly increases retail prices (sometimes multiple times a year), which boosts the resale value of older models bought at lower prices.
Timeless, Iconic Styles
Many Chanel styles are evergreen, meaning they stay in demand across seasons and years, unlike trend-driven pieces from other brands.
In short: If you're buying or selling Chanel, especially handbags, you're likely to see strong resale returns, making it a smart luxury investment.
Should I Consign Chanel Or Sell Directly?
This will depend on your needs. If you want access to the payment as soon as possible then selling directly is your best option. However, if you are happy to wait a little longer and make the most amount possible for your item(s) then consigning is the superior choice for you.
Before committing to selling or consigning make sure you have assessed your priorities and how quickly you want to make a sale.
Where To Consign Chanel?
Looking to sell your Chanel accessories? Make myGemma your go-to destination. We list across 25+ global marketplaces in addition to myGemma.com, giving your items maximum exposure. In fact, 3 out of 4 items sell within 60 days, and you can earn up to 25% more when you consign instead of selling outright.
Trust myGemma, a leading expert in luxury consignment, to handle your Chanel handbags and accessories with care and expertise. Learn more about our consignment process and discover the benefits of selling your Chanel items with us. We also consign other top-tier brands including Louis Vuitton, Rolex, Cartier, and more.
To get started, simply fill out our quick online form.
Where To Shop Chanel?
At myGemma, we offer the complete luxury resale experience, from selling and consigning to trading in and buying.
Looking for your next Chanel bag or accessory? Shop with confidence at myGemma. Our in-house authentication team ensures that every item is 100% genuine or your money back. Aside from Chanel accessories, you'll also find items from brands such as Tiffany & Co., Fendi, and much more.
Don’t just take our word for it, read our verified reviews on Trustpilot to see why shoppers and sellers trust myGemma.
