Are you looking to sell your Chanel Bag? Pawn Shop Philadelphia is a trustworthy, family-owned business running for over 20 years. Whether you’re looking to buy, sell or get a loan against your valuable Chanel Bag, we’re the best place in Philadelphia! We are located on Philadelphia’s Jeweler’s Row in the heart of the city.
Text Us Photos of Your Chanel Bag for an Immediate Price Quote
What Is My Chanel Bag Worth?
As per any luxury bag, how much your Chanel bag is worth will depend on which model it is, how old the bag is, and—crucially—what condition the bag is in. The best way to ascertain the resale price of your Chanel bag is to get a price from luxury experts.
Chanel’s High Quality
When it comes to luxury handbags, quality is key, and Chanel is no exception to this rule. Chanel bags are made by some of the best artisans within the luxury goods industry, based in Europe. The highest quality materials are used in the construction of every Chanel bag, including the finest lambskin and grained calfskin, better known as caviar leather. In addition to high-quality leathers, it is said that there are 180 steps in total for the construction of the Chanel Classic Flap Bag, including numerous and extensive quality control checks during production.
About Chanel
Gabrielle Chanel single-handedly revolutionized the fashion industry; ensuring her collections were comfortable and practical. This was something that had not been previously seen in the fashion industry and was groundbreaking at the time. Chanel bags have established an iconic status within the world of luxury fashion.
Chanel handbags have always been incredibly sought-after, and demand for these bags is always higher than supply. So what is so special about Chanel bags that makes them so expensive? As one of the top powerhouse fashion brands in the world, Chanel has always been known for its exceptional quality and exclusivity. Driven by popular demand and an increasing rise in the cost of materials and labor; Chanel bags continue to rise in price. They will forever remain a status symbol, and will never go out of style.
Chanel’s Investment Value
Chanel has increased the prices of its handbags year after year (sometimes twice annually), and is continuing to do so. In recent times, the cost of raw materials, production, and labor has meant that supply simply can’t keep up with demand.
The Chanel Classic Flap is the most sought-after piece within their core collection and receives consistent annual price increases. Back in 1990, the price for a Medium Classic Flap bag was $1,150, this same bag can now be purchased for $8,800 in boutiques today.
White Chanel classic flap bag
These price increases can be beneficial when it comes to investing your money in the luxury market. The Classic Flap bag retains its value incredibly well. Therefore over time, you are guaranteed to get your money back (if not more), if you did decide to sell your bag in the future. This is especially true for sought-after classic pieces, and sold-out seasonal bags. The value of the bags in the pre-loved market also has risen to reflect Chanel’s price increases and demand. The Chanel Classic Flap is truly one of the best investment bags available in the luxury market today.
Which Chanel Bags Can I Sell?
Classic handbags are always valuable. These are a few of the most famous Chanel handbags.
Chanel classic flap bag
Chanel 2.55
Chanel Classic
Chanel Grand Shopping Tote
Chanel Wallet on Chain
Don’t see your Chanel handbag listed?
No sweat. Our only rule is that it has to be a genuine Chanel designer bag. To avoid wasting your or our time, you are welcome to call or text us beforehand if you are unsure if we would be interested in your item. With this intention, we will need a detailed description or pictures for an accurate appraisal.
DOES CHANEL HOLD ITS VALUE?
Generally, Chanel handbags hold their value but it obviously depends on how much they have been used and the condition they are in. The integrity of their build and the overall condition determines how much resale value they can fetch. Since they use premium leather and metal as build materials, the bags can be still in great condition even if they have been used for years. It also depends on how much care the user has taken care of their bag since it can have a huge impact on the physical condition. You can get anywhere from 25% to 150% of its purchase price based on different factors.
DO I NEED A RECEIPT TO SELL MY DESIGNER HANDBAG?
It’s nice to have but it’s not a prerequisite. People you are selling to are either professionals or enthusiasts who have a keen eye for designer handbags and they’d know if it’s a real Chanel or not. This is why you won’t need to have the receipt to establish authenticity and ownership.
SHOULD I SELL MY CHANEL BAG?
We understand that selling the premium handbag that often has been with you for years is not an easy decision. But sometimes you want to declutter your wardrobe and other times you need that instant cash. Whatever it is, when such time comes it no longer remains a choice but becomes a necessity. Something you have to do since your priorities have changed.
Having said that, for your peace of mind, we also offer a buyback option. It means that if at a later date, you want to buy your Chanel handbag back, you can.
Given these points, save yourself the trouble of finding other buyers. We are the fastest, most secure option to sell or pawn your designer bag! Sell Your Chanel Bag today
Our phone number is 267-687- 2640. We are here to help answer your questions, call us!
You are welcome to visit us, our address is 136 S 8th St A, Philadelphia, PA
If you have any other items to sell, visit the link below.