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Today we are stepping into my closet to view a few of my own personal classic collections. These include purses, jewelry, and some clothing items that were purchased over the span of many, many years. I have always tried to go for the classic collectables – items that I know I will be able to use forever – hence the story below….

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I bought the black satin Chanel purse in the photo above for $600.00 back in the 90’s. I distinctly remember the price because it was a quite a splurge back then. But somehow I knew that it would be a total classic and one that I would use forever…. it is…. and I most definitely have. Fast forward to 2015 – while I was perusing “The Real Real” (a vintage and pre-owned site) seeking a smaller version of a classic Chanel tote that I own already…. I stumbled upon the patent leather version of my first classic Chanel evening bag!! The price? $1000.00. So not only did the person that originally bought this purse get to use it for over two decades (wow!) …. but they also made some money after the fact.

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The moral of the story is this, when spending serious money on the big designers – Chanel, Louis Vuitton, Gucci, Hermes, Cartier, just to name a few – always go for the classics and the ones that you know you will be able to use for years to come… and then sell for a profit one day (if you can part with them!). I adore my collections and would never in a million years sell them… but it’s good to know that if I did want to one day….  it’s money in the bank!

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Big Classic Kisses,

Laura Dunn

P.S. Please be very very careful when purchasing the classics online. You MUST purchase from a reliable source, as there are way too many counterfeits on the internet. If possible…. please purchase in person… it’s always your best bet. Also make sure you can verify authenticity.