Should I Rehome my Chanel Boy Bag ?

Question:

Is the Chanel boy bag still in trend ? Does it still hold its value? Im considering selling mine, I’ve not used it for a while.

Dear Chanel Boy Bag:

The Chanel Boy Bag was originally designed by Karl Lagerfeld in 2011. It was named after Arthur Edward ‘Boy’ Capel, an English aristocrat and accomplished polo player who was Coco Chanel’s first love. The bag has become and remains a popular and iconic staple of the Chanel line.

The Boy bag became extremely popular very quickly. It is released in new colors, leathers, and designs each year. There are the Chanel lovers who believe a collection is not complete without a Boy bag. There are other collectors who are more edgy and find the Boy bag complements their style. Then there are the Chanel classic flap lovers who consider the Boy bag an iconic flap bag that is a must have in any collection.

On the resale market the Boy bag retains its original retail value or is sold for more if the condition is new or excellent. The more pre-loved the bag the less the retained retail value.

The Chanel Boy bags are more casual than the classic flap, they are easy to style, can be worn on the shoulder, crossbody, or by the top handle where they exist. They have a rock-n-roll, edgy, cool girl kind of vibe.

Rehoming a luxury designer bag is a huge decision. There are many considerations.

First, do you need to sell your bag to fund the purchase of a new bag you will use and enjoy?

Second, do you have limited space and stick to a limit of how many designer bags you choose to own at one time?

Third, is there any possibility that in the future you will regret your decision to sell the bag. As you know, the price of Chanel bags have increased drastically over the past 2 years. To replace the Boy bag in the future will definitely cost more than you paid, depending when you purchased it.

Fourth, if you have any doubt about whether you should sell the Boy bag at the present time, then maybe you should wait until you are absolutely sure. Remember the motto “Doubt Means Don’t”. It does not mean never, it just means maybe you should wait until you are absolutely sure how to proceed.