Decoding Chanel 19 Bag Pricing in Resale market
The Chanel 19 flap bag, the last design by the legendary Karl Lagerfeld in his reign as Chanel's chief designer, offers look that is slightly more casual than the old classics while remaining effortlessly chic. For those who have always loved Chanel but find the Classic Flap too dressy and ceremonial, the Chanel 19 bag will sure capture your heart.
I'm a strong advocate of buying second hand designer items. The main reason being the price at the resale market is so attractive. The table below outlines the current market price of Chanel 19 bag in Mar 2024, in three sizes at both retail and secondhand. The Medium size performs the best, retaining 85% of the retail value, whereas the value of Maxi size depreciates the most after purchase, keeping only 75% of its retail value when the bag is at very good condition.
Here are the retail prices of Chanel 19 bag from Chanel official website in the US. The resale price is is based on Chanel 19 bags sold on Vestiaire Collective between Oct 2023 - Mar 2024, in very good condition. All prices include 8% service tax in the US.
Chanel 19 Leather |
Official RetailMar 2024 US (USD) |
Resale PriceOct 2023 - Mar 2024 (USD) |
ValueDepreciation |
Small (26cm) |
$6,400 |
$4,900 |
23% |
Medium (30cm) |
$7,100 |
$5,990 |
15.6% |
Maxi (36cm) |
$7,700 |
$5,770 |
25% |
*Please note the prices may vary by region.
Regardless of what size you want to get, you will get a better deal in the resale market, especially if you are after the Maxi size. This is a very good illustration of how understanding the pricing mechanism can ultimately help us make a more informed purchase decision.
But size is not the only factor affecting the prices. There are colors, condition, material etc. In this report, we will uncover the factors contributing to the price differences of Chanel 19 bag in resale market, so you can make a smarter purchase decision.
The data we used is sales data from Vestiaire Collective during the period from October 2023 to March 2024.
Size and Popularity
The bar chart clearly shows that the small size is the most popular Chanel 19 handbag on Vestiaire Collective over the last 6 months. This is followed by the medium size and the mini. The least popular option is the maxi size.
This data suggests a trend towards smaller-sized Chanel 19 handbags on the resale platform. This could be due to several factors, such as:
- Versatility: Smaller bags might be seen as more versatile for everyday wear, offering the ability to hold essentials without being bulky.
- Price: both retail and the resale price for small Chanel 19 is significantly lower than Medium and Maxi, making it a more accessible option.
Color
At retail, there is no price difference among different color choices. However, because price at resale is a reflection of the demand and supply, the more popular color is always more expensive than the less popular one. Black color is always the most expensive, as with all other Chanel handbags. If you are considering buying a colorful choice, definitely check out the resale market.
Condition
Condition is often times the one factor that affects the price the most. As you can see the drop of price from "Very good condition" to "good condition" is drastic.
Material
Lastly, tweed has a special place in Chanel lovers, it's no wonder the price is higher than leather. This is not true with most other brands like Dior or Gucci. It is another example of the wonderful world of designer fashion and its many secrets waiting for us to discover.
Conclusion
The allure of the Chanel 19 extends beyond its timeless design. The resale market offers a compelling alternative to retail prices, particularly for larger sizes like the Maxi. This analysis highlights the importance of considering various factors like size, color, condition, and material when making a purchase.
Understanding these elements empowers you to navigate the resale market with confidence and potentially snag a pre-loved Chanel 19 that aligns perfectly with your style and budget. So, whether you're a seasoned collector or a first-time buyer, this exploration equips you with valuable insights for finding your dream Chanel 19 on the resale market.
