Are you thinking of buying a vintage handbag? Making a luxury purchase is a lot like buying a car. You want to make the right choice, so it’s important to do the right research sure you are making the best investment for you. That’s why I decided to put together my guide to buying a vintage handbag in Melbourne (and online).
I recently purchased my first Chanel bag from a consignment store and I did A LOT of research before I made my purchase. I wanted a to ensure I had a clear idea of the price points I should expect for different styles of bags, and how to authenticate vintage handbags in case I bought online.
Tips for buying a vintage Chanel Bag in Melbourne
If you are considering investing in a luxury bag, it’s good to consider buying a classic style and colour. In the industry, there are three brands that generally hold their value: Hermès, Chanel and Louis Vuitton.
I purchased a Louis Vuitton Speedy 30 five years ago in Barcelona, and since then the same bag has more than doubled in price. The resale value of my Speedy( in good condition) is actually higher than what I paid!
A black vintage Chanel from the early 90’s can cost anywhere from $1000-plus. If they are in good condition, they will almost certainly cost a lot more!
Top 3 places to buy a vintage handbag in Melbourne
There some amazing places to buy a vintage handbag in Melbourne, if you know where to look! Here are my top 3 picks >
Mio Tesoro – Mio’s specialises in handbags, so it’s a great first stop to check for the bag of your dreams.
Eurotrash – This is a mecca for luxury-lovers.
The best thing to do is watch any of these stores’ Facebook and Instagram feeds. A lot of stock is sold directly from there, or triggers a sale. There is also a store in Queensland )called Designer Archives) that basically sells all of it’s stock through Instagram, so keep an eye on them too. Even just as a cost comparison if you’d prefer to buy from an actual boutique here in Melbourne.
And if you can’t find the bag of your dreams? The best place to buy online is The Real Real. The Real Real is the largest online consignment store in the world. Other websites to consider are Farfetch, Yoogi’s Closet, or Fashionphile. These websites all have professional authenticators working for them.
Be very careful buying online though – that’s why it’s good to do your research! It’s a minefield of fakes. I found some videos by Vintage Heirloom incredibly helpful. There is also a fantastic guide on Yoogi’s Closet about authenticating luxury bags.
Good luck finding ‘the one’.
Hopefully this is a purchase that will bring joy for years, so enjoy the hunt… I sure did!