Chanel Purses in Every Price Range
Over the last 10 years, Chanel has regularly raised prices on its classic purses. The price of the medium double flap bag has more than doubled since 2011 to $8,800 from $3,900. While annual price increases are likely to continue, the Handbag Specialists at Sotheby's went through our current selection and found some classic Chanel purses in every price range. We focused on styles with iconic Chanel motifs and the most desirable models that are sure to remain classics for years to come. Since it is increasingly harder to find a great Chanel purse in pristine under $10,000 on the resale market you have to act fast. Great
Sotheby's Specialists Picks: the Best Chanel Purse at Every Price
While these are our current picks, Sotheby's lists new bags every week so check back for new Chanel purses regularly. Make sure to sign up for email so you never miss a Sotheby's handbag auction. Vintage Chanel purses are often better value along with denim or other non-leather purses. Single flap Chanel purses are also priced lower than double flap models.
Under $1,500 Chanel Purse
At $1,200 this Chanel Clutch with classic quilting and pearl bow detail is a sweet evening Chanel purse at a price that won't break the bank. The pearl zipper pull and delicate pink leather are instantly recognizable Chanel motifs along with diamond quilted lambskin. This clutch could also be used as a make up bag or a pouch so your essentials don't get lost in a larger tote.
Under $2,500 Chanel Purse
We love this perforated patent leather Chanel purse with iconic camellia pattern. The medium size is the most versatile size for day and evening and the cream color is unexpected and pairs nicely with gold hardware. This chic Chanel purse is both classic and unexpected. Priced at $2,000 it's also a great value considering a new square mini flap Chanel purse retails for $4,200.
Under $3,500 Chanel Purse
A new Chanel Wallet on Chain (WOC) purse retails between $3,000 to $4,500 depending on the style and materials. This style is regularly sold out in boutiques so the secondary prices are general a premium to retail. Given the classic flap bags are nearing $10,000, this style is also more accessible at half the price of the classic Chanel purse. Our Specialists love the black patent WOC since it is the perfect night time Chanel purse. In basic black but the patent makes it a little extra plus the white CCs stand out even more against the shiny leather.
Under $5,000 Chanel Purse
Chanel totes are the perfect carry all for work or weekend. The shoulder straps and handles also make it more versatile for commuting and carrying. We love this black bullskin Chanel Shopping Tote in black and at $4,500 it's a great price for a leather Chanel tote.
Under $7,000 Chanel Purse
Excellent condition vintage Chanel purses are often priced right under $7,000 including this red lambskin double flap Chanel purse at $6,800. Red lambskin is a rare in this condition and is a great addition to a fall neutral wardrobe. Vintage lambskin bags also have a patina that can't be matched by a new Chanel purse. Most vintage Chanel purses on the secondary market are medium versus the small size, making this bag even more rare and special. Most Chanel purse collectors already have too many basic black bags, so this could also make a great gift for the Chanel lover.
Under $10,000 Chanel Purse
While this vintage lizard mini flap Chanel purse is a bit of a splurge at $9,500 we love this bag for so many reasons. Chanel discontinued use of exotic materials in all of its bags in 2019 so you can only find exotic Chanel purses on the secondary market. Additionally we love the classic black with gold hardware but the lizard combines timeless Chanel with rare and unique. This Chanel purse is also a great gift idea for the collector.
