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….
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.
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!
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.