Welcome to our list of The 10 Luxury Bags With The Best Resale Value In 2023!
When buying a designer bag it is very important to think about the retention value of the bag. Will the bag hold its price in case you ever need to sell it? Or are you just loosing money? Here I’ll show you the bags with the highest resale value of the year according to Rebag.
So, without further ado here are The 10 Luxury Bags With The Best Resale Value In 2023:
1. Hermès Kelly Bag
Perhaps the most famous top handle bag, the Kelly will forever be an icon! In 1935 Émile-Maurice Hermès diversified the brands offerings designing a bag for his wife to carry. Called the Sac à Dépêches the bag was practical and elegant with a classic style. The accessory achieved worldwide recognition in 1956 when the American actress and princess of Monaco Grace Kelly used her Sac à Dépêches to cover her pregnant belly from the paparazzi. As soon as the photo of that is published on the cover of Life Magazine women from all over the world start running to Hermès asking for the Kelly Bag. In response the brand changed the bags name to the Kelly, and history was made.
Today an icon of elegance and sophistication, the Kelly is one of the most sought-after bags on the resale market, not only for its timeless style but also for the enduring allure of the woman it is named after. The Kelly is sold in Hermès stores for around $9,000 and can be sold in the resale market for more than $20,000!
2. Hermès Birkin Bag
The Birkin bag is perhaps the most famous bag in the world, and for sure one of the most classic. The Birkin was designed in 1983 when Hermès creative director Jean-Louis Dumas set next to the actress Jane Birkin on a flight. She was wearing a straw tote and explained that most leather bags were too structured for her taste. So Dumas designed the bag on that flight on the back of a napkin. Today the Birkin is an icon and is the kind of bag that will last you your whole life.
The price of a Birkin when buying directly from an Hermès store varies depending on size, leather, hardware and color, starting at $10,075. On the resale market it can easily sell for double the original price!
3. Telfar Shopping Bag
In 2005 Telfar Clemens founded his eponymous label, but only in 2018 it achieved the cult status it has today, when it launched the iconic shopping bag! The bag became extremely popular selling out in minutes after restocking, and is a favorite of celebrities like Beyonce, Lil Nas X, and Megan Thee Stallion. The bag was such a hit in New York, where the brand is based, that it was nicknamed the Bushwick Birkin. Telfar bags hold in average a surprising and wildly impressive 195% of their retail value according to Rebag, proving to be an excellent investment.
The Shopping Bag is an ideal choice for consumers who want to keep up with the latest trends while still being practical and budget-conscious.
4. Fendi Baguette Bag
It was 1997, when minimalism was all the rage, that Fendi launched the first It Bag in history, the Fendi Baguette. The bag was anything but minimalist, but because of its iconic style and pop culture it became one of the most important bags in fashion history. The bag was designed by Silvia Venturini Fendi. It was intended to be worn under the arm in the very same way French people are usually seen carrying their baguettes. The bag was a breakout success. More than 100,000 bags were sold in the first year alone, and its appearance in Sex and The City solidified it’s place as the ultimate It Bag.
Today, 26 years after its debut, the Fendi Baguette, remains a stylish it bag that is iconic of the brand and one of the most classic designer shoulder bags! It has a retention value of 115% of the original price.
5. Prada Re-Edition 2000
It was my opinion that this bag was going out of style, but apparently I was wrong, since it has a retention value of impressive 112%! This nylon handbag was originally conceptualized in 1979, then relaunched in 1985. But the real success of this bag is due to the 90’s and early 2000’s style. Prada released two new editions of the vintage nylon mini bag, the 2000 and the 2005. Both bags have the famous baguette semblance and are constructed out of a combination of Saffiano leather and nylon.
This bag is one of the less expensive Prada bags you will find. It is one of The 10 Luxury Bags With The Best Resale Value In 2023!
6. Chanel Coco Handle
Also known as the ‘Flap Bag with Handle’ Chanel released this bag in 2015. The style received mixed reviews at the time. Critics said it was too similar to other Chanel styles. However, the Chanel Coco Handle has stood the test of time and is a fond favorite among many Chanel enthusiasts. The Chanel Top Handle features Chanel’s classic codes we all know and love, like the diamond quilting, the flap, the interlocking CC logo, and the chain strap, but with the addition of its distinctive feature: the top handle. This style has been growing in popularity with each year that passes.
This is a beautiful Chanel bag that is a little less serious that the classic styles but is still super chic, it is a great investment bag, selling for 104% of the original price!
7. Louis Vuitton Neverfull
Introduced in 2007 and thought to be created to compete with Goyard’s St. Louis Tote, the Neverfull is made of coated canvas and is an icon of the brand. While it’s not widely publicized, the GM size of the Neverfull is able to hold up to 200 pounds of weight despite the appearance of its delicate handles. This bag is an amazing companion to take to the beach, to the airport or even to work. In 2013, Louis Vuitton updated their signature tote to include a detachable accessories pouch, and they began introducing additional interior lining colors with an updated print, and a full leather version. When Louis Vuitton launched the OnTheGo tote it appeared that the Neverfull would be left behind, but so far, the Neverfull has truly proven to be a mainstay of the house.
As of last month you can only buy the Neverfull if you join a waitlist that is reported to be two to three months long, the goal is to increase demand for this iconic style, so the resale value will probably rise.
8. Gucci Blondie
Launched in 2022 the Gucci Blondie is one of the most popular bags right now! Inspired by archival designs from the 1970s, the House’s newest line of handbags and belt bags is distinguished by a rounded Interlocking G hardware. Crafted from leather, this shoulder bag is completed by a delicate chain strap, infusing this accessory with a refined feel. There is also a larger version with the web shoulder strap and a mini one with a leather strap.
The vintage Gucci bag that inspired the Blondie sold this year for an average of 122% of the original value according to Rebag!
9. Chanel Classic Flap
The Chanel handbag that would ultimately become synonymous with the brand was not created until 1983. The Chanel Classic Double Flap was first introduced when Karl Lagerfeld became creative director and decided to reinterpret Chanel’s iconic 2.55 Flap Bag. From his artistic vision came two new features – a leather woven chain and Double C turn-lock closure. Lagerfeld’s Classic Double Flap was a breakout success. Almost forty years later, and out of all the Chanel handbags on the market, the Classic Double Flap remains one of the most sought-after pieces ever crafted.
The never-ending price increases guarantee a good retention value for this bag, it averages 87% of the original price!
10. Bottega Veneta Jodie Bag
The Jodie is the most classic style of Bottega Veneta, it was originally designed in the 90’s and Daniel Lee brought it back in different sizes and materials. The Jodie bag is the perfect combination of Bottega Veneta’s history with Daniel Lee’s iconic style. From its sumptuous leather to the minimal yet elevated shape, it’s not difficult to get why the bag has a growing legion of fans. It is made from nappa leather in the house’s notable intrecciato weave and comes in a looped-handle silhouette that looks very modern.
The most classic shoulder bag of the brand, the Jodie is an icon and last year had a retention value of 74%, but I’m betting this year it is even higher!
