Welcome to our list of The 9 Bags With The Best Resale Value For 2024!
If you are looking for a bag that will hold it’s value through the years, you have come to the right place! Here I’ll show you the 9 bags that best hold their value on the resale market, they are amazing investments for the new year.
So, without further ado here are The 9 Bags With The Best Resale Value For 2024:
1. 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. 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 May 23 you can only buy the Neverfull if you join a waitlist that is reported to be two to three months long, which increased demand for this iconic style. It sells on the resale market for 136% of the original price, making it an amazing investment for 2024!
2. Hermès Constance Bag
This is perhaps the best crossbody bag of all time! Part of the Hermès trinity, the Constance is the most famous Hermès bag apart from the Birkin and the Kelly.Said to have left the factory on the same day that Hermès designer Catherine Chaillet’s fifth child was born, the Constance bag entered the market in 1959, and was named after the designer’s newborn daughter. Although designed more than 50 years ago, the Constance’s elegant shape and functional design make it a favorite among collectors. Jackie Kennedy’s go-to, this youthful yet sophisticated Hermès bag can be worn casually during the day or for an evening out. Like the Birkin and Kelly, the Constance comes in many material and hardware combinations.
Prices of the Constance start at $7,950. It sells for 127% of the original retail price.
3. Hermès Picotin
Not the most famous Hermès bag but one of the chicest for 2024, you will love the Picotin! Hermès references its origins with the Picotin, whose name is the French word for the measure of feed given to a horse. This Hermès handbag is a popular style thanks to its minimalist, functional design, inspired by horse feed bags. The wide, round shape of the bucket bag allows you to fit all your necessities with ease, and the lock closure provides a sophisticated accent. This Hermès bag comes in soft, grained leather that gives the bag a timeless look or in canvas with leather accents, providing a sportier feel. The Picotin leather comes in a variety of colors with either palladium or gold hardware.
The Picotin is perfect for someone who needs a casual, simple bag for an on-the-go lifestyle. It is the epitome of quiet luxury. Prices of the Picotin start at around $2,575. It holds 120% of its value at resale.
4. Chanel Deauville Tote
Refined yet casual, there is no better bag to honor Coco Chanel’s first fashion boutique and favorite seaside destination than the Deauville tote, first introduced for the Spring-Summer 2012 collection. Received to incredible demand, the Deauville quickly expanded color, hardware, and material options to suit any season or occasion. Adorned with two intertwined chains, leather straps, the iconic interlocking CC logo, and “31 Rue Cambon” (the address of Coco Chanel’s apartment and first boutique), this tote is an ode to the luxury brand’s rich history. The spacious tote is equipped with large zipped pockets and a key clasp, ensuring that no personal belongings be misplaced. Designed as the ideal beach bag – able to hold all the oceanside necessities one may need – the Deauville is functional in all variations.
According to Rebag the Deauville tote has an average resale value of 118% of its original retail price. It is not only a chic addition to your collection, but also a great investment!
5. Hermès Kelly Bag
One of the most classic bags ever, the Kelly will never go out of style! 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. It sells on the resale market for about 115% of the original price.
6. Chanel 22 Bag
Designed by Virginie Viard the Chanel 22 was presented at the Spring/Summer 22 collection. Like its predecessor – the CHANEL 19 created in 2019 – its name refers to the year of its creation. Functional and light, made of an extremely supple yet resistant leather, this bag comes in four sizes and an array of colors. Designed to be an easy fuss-free everyday bag, the Chanel 22 is more casual than the usual Chanel bag. Its interior, sophisticated and practical, closes with a magnetic button and purse-like drawstrings. It features an inside zipped pocket and a removable pouch held in place by a snap hook.
This bag is becoming more popular with each year that passes. It sells for 115% of the original price!
7. 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 its 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!
This Baguette Bag is sold for $3,750. It holds 115% of its value at resale.
8. Hermès Evelyne Bag
Like many other Hermès handbags, the Evelyne is inspired by Hermès’ equestrian roots. The bag has perforations that form a “H” on one side, which hint at the bag’s original function: to transport horse grooming equipment. These perforations allow air to circulate the bag, drying wet combs, brushes, and picks. The ventilated side of the Evelyne was meant to be worn against the equestrian’s body; however, now that the bag is considered a luxury good, the perforations are worn facing outwards. This Hermès bag is highly functional and sporty.
You can choose from four sizes- petite, medium, large and extra-large, and two leather options- Maurice and Clemence. Starting at $1,850 this is an amazing option for your first Hermès bag! It holds 110% of its value on the resale market!
9. 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 is a beautiful Chanel bag that is a little less serious that the classic styles but is still super chic! It sells on the resale market for 108% of the original retail price.
Hope you enjoyed The 9 Bags With The Best Resale Value for 2024! Finally, check out The Best Everyday Bags for 2024!
