Vintage fashion can provide a thrill for fashionistas, history lovers, and niche collectors alike, so it is no wonder that today the area enjoys such a lucrative market amongst enthusiasts.
Boasting timelessness, superiority of quality, insight into another time, and sheer aesthetic beauty, people across the world enjoy what the world of vintage clothing and accessories has to offer. While vintage bags are only a subcategory of this genre, their charm is no less alluring. Would you like to know how much your grandmother’s Louis Vuitton bag is? Did you inherit your Aunt’s closet of old bags? Perhaps you believe you may have found a hidden treasure at the secondhand store? The following guidelines will be able to assist you in your valuation quest!
First and foremost, it is important to determine the brand and model of your bag when attempting to ascertain an accurate value. As with brand new bags, there are certain brands and designers that will be worth much more due to the intrinsic market value of their name. Among the most sought after brands are Louis Vuitton, Chanel, Hermés, Goyard, Gucci, Givenchy, Saint Laurent, Stella McCartney and more. Brands like these have the potential to retain up to 70% of their original retail value.
As copies or fake designer bags do exist, it is helpful if your bag does have proof of origin. This can be in the form of either a certificate of authentication, receipt, original box, serial number label, or other official papers.
A bag is also more valuable if it still includes its original accessories, such as leather name tags, dust bags, padlock and keys, pochettes, and so on.
"...the difference between a leather bag and a non-leather bag of the same brand and model can be up to thousands of dollars."
The material of a bag will also play a significant role in effecting its value. The most valuable material is exotic leather, followed by regular leather. This does not mean that if your bag is made out of fabric or synthetic leather it will be worthless, however the difference between a leather bag and a non-leather bag of the same brand and model can be up to thousands of dollars.
Undoubtedly the most important step in determining an estimate for the value of your bag is to seek professional appraisal. This is the only way to attain a truly accurate estimation for the worth of your item, as a trained professional will be able to take all the measures needed to decrease the margin for error as much as possible. Luckily there are valuation experts in the field here at Value My Stuff that are ready to help you in finding an accurate value for your vintage bag!