HOW MUCH IS MY LOUIS VUITTON HANDBAG WORTH?
Are you looking to sell or find the value of your Louis Vuitton Handbag? You’ve had it in the back of your closet with a vague idea that it has value. Now, you’re too afraid to part with it. Or maybe you received one as a gift. It’s not your style, but you heard they’re expensive so you can’t throw it away. And you shouldn’t! That would be a costly mistake. Whatever the reason to sell your handbag, continue to read on. Find out now how much your handbag is worth. The market price for a used Louis Vuitton handbag might surprise you
Without seeing your handbag, it’s difficult to say how much yours is specifically worth. There are some key factors that determine resale value. The model, condition, popularity, and accessories are what buyers look for.
Most Expensive Models
All Louis Vuitton handbags come with a hefty price tag, but there are a few that stand above the rest. These are the best of the best.
The 2007 tribute patchwork handbag released at the price of $45,000, was divisive. Celebrities such as Rihanna and Beyonce styled this handbag. Others thought the patchwork style was a mess.
The Crocodile Skin City Steamer handbag sold for $55,500 in 2015. This elegant design is very exclusive. Adding crocodile skin and only selling to a select few make this model desirable.
The Pumpkin Minaudiere jewel bag is one of the most expensive Louis Vuitton handbags. In collaboration with Japanese designer, Yayoi Kusama, this handbag was sold in London for $133,430 in 2012
More Common Models
It’s unlikely that the average person has a $100,000 handbag in their closet. Don’t let that deter you. Even a typical Louis Vuitton black handbag has the potential to be valuable.
The Nano Speedy is a smaller model of the Speedy. They both sell for around $1,200 in stores. This canvas handbag with leather trim is a well-known model.
The Pallas MM has cowhide handles and can be carried as a shoulder bag. It retails at $2,200.
The Neverfull tote is a popular model. One of the more unique features is a removable pouch that you can carry separately as a clutch. The retail price for the Neverfull is around $1,500.
Having the most expensive model doesn’t mean much if it’s in poor condition and was not properly cared for. Wear and tear happen and most expect it when buying used Louis Vuitton handbags. Most handbag buyers prefer the bags to be in good condition and have the box, paperwork, and dust cover. This makes it easier for the handbag dealer to re-sell it. If you’ve taken your handbag out a few times or never at all that’s great! Stains, tears, and marks will diminish the overall value.
To keep your handbag in good condition, follow these tips.
- Do not rub your handbag against rough surfaces
- Clean leather handbags often and with proper supplies
- Keep it away from direct sunlight and damp environments
- Never get it wet
- Store it in its protective pouch
- Avoid storing magazines, makeup, or anything greasy in your handbag
Styles come and go, but some handbags are always more popular than others. Do your research and find out which used Louis Vuitton handbags are being purchased. Limited edition handbags are guaranteed to have a high resale value. Collectors love having rare items and are willing to pay extra for one-of-a-kind handbags.
Classic handbags are always valuable. These are a few of the most famous Louis Vuitton handbags.
- Louis Vuitton Speedy
- Louis Vuitton Alma
- Louis Vuitton Neverfull
- Louis Vuitton Pochette Metis
- Louis Vuitton Capucines
In addition to selling handbags, Louis Vuitton designs beautiful accessories and monograms. Having a matching handbag and accessories increases the value. The original protective cover and the box should not be thrown away. Both of these items will drive up the price of your handbag. Having the receipt or some type of authentication document will help you prove legitimacy. Stamping your initials on your handbag is a fun way to customize, but beware that it will most likely decrease the resale value.
Which Louis Vuitton Handbags Have the Highest Resale Value?
Some designer handbags may be expensive to purchase brand new and lose value over time. Others are great to buy and sell used because there’s a large market for them.
Louis Vuitton Chantilly Handbag
This handbag is popular and a lot of the time unavailable on the official Louis Vuitton website. Because of the large demand, it’s not hard to sell this model second-hand. To make sure your handbag is genuine, look at the padlock. A real Louis Vuitton Chantilly padlock will be made from multi-tonal hardware. Genuine LV bags have codes inside the handbag.
Louis Vuitton New Wave Handbag
Out of all the New Wave handbag styles, the original silhouette has the highest resale value. It was inspired and named after new wave music.
Louis Vuitton Bumbag
Owning one of these handbags is a great investment. If this handbag is in new condition, it’s possible to sell it for more than the original price. The versatility makes it interesting. You can wear it as a cross-body, over-the-shoulder, or belt bag. During its release, this handbag flew past expected sales and created hype.
For most of these handbags, the resale value depends on what Louis Vuitton has available. Prices waver based on market needs. It can be worthwhile to hold onto your handbag for a little bit, then sell it when the need arises again.
What Makes Louis Vuitton Handbags Valuable?
The company was founded in 1854 by Louis Vuitton. His luxurious style and innovation set him apart from the competition. The art world and its love for exclusivity propel sales of his collectible handbags upwards to this day. Some of his earliest pieces, cigar trunks, and medicine boxes, were recently auctioned for almost 50,000 dollars. The durability of Louis Vuitton handbags is leading the fashion industry. They can last for decades and many think that a little wear gives them some personality.
Personalization is another way these handbags set themselves apart. With famous monogram-service options and unique accessories, you can make your typical Louis Vuitton black handbag stand out. Originally, the stylish monogram acted as a stamp of authenticity to foil counterfeit attempts. It may seem like a contradiction, but affordability makes Louis Vuitton’s small handbags valuable. Other designer brands are out of reach for most people. Attainability adds value. Combining classic French design with durability makes used Louis Vuitton handbags desirable.
Should I Sell My Louis Vuitton Handbag?
If you aren’t interested in owning your handbag, selling your designer bag is a great way to make some extra money. Don’t be deterred if your handbag isn’t in perfect condition. It’s most likely still valuable. There are many people who would love to own one. It’s always a good time to sell a Louis Vuitton handbag!
Where do I Sell My Louis Vuitton Handbag?
Making sure that you get what your handbag is worth can be difficult. There are scams and people looking to undersell you. Because of this, you should proceed with caution. You can try to sell your handbag to buyers directly, but this is tricky. Navigating the world of luxury fashion without expert guidance is a sure way to not get the full value from your handbag. Consigning is another option, but it can be a very long time before you receive compensation for your handbag and the sales commission are very high.
Sherry’s Handbags guarantees that we are paying you a fair price. Quality is our primary focus and we are willing to pay highly for it. We also send your payment the same day we receive your handbag. Sherry’s is a trusted online handbag buyer. Packages arrive daily from all over the United States and we have thousands of satisfied customers.
Sherry’s Handbags Buying Process
At Sherry’s Handbags, we have a straightforward process that ensures everyone leaves the sale happy. We believe in making everything safe and easy for you and see why Sherry’s is the best place to sell a handbag.
Start by filling out our free instant quote request form. In an ideal situation, you would send a few pictures of the handbag from different angles along with pictures of the authenticity card, cover, accessories, and receipt.
We will contact you over the phone for a consultation the same day your bag(s) arrives at our headquarters. They are faster, better, and pay the best price for designer handbags.
If you want to move forward with selling your handbag, we will send you a prepaid and insured shipping label for free. This is all free for you and you are not pressured to sell if you’re uncomfortable.
No need to be nervous sending your valuable belongings to us through the mail. We understand the value of your possessions and treat them with care. All packages are fully insured and are delivered safely to our location.
Upon receiving your handbag our experts will begin their examination. While being recorded, they will look over the condition and determine its authenticity. They pay attention to leather quality, stitching, and hardware.
Once the examination is complete, we will contact you to discuss the price.
Find the Value of Your Louis Vuitton Handbag Now!
Whether you’re thinking of selling your handbag, it’s wise to know how much it’s worth. In most cases, Louis Vuitton handbags are very valuable and easy to re-sell. Sherry’s Handbags is a licensed online designer handbag buyer and works hard to guarantee our products are genuine and our customers are paid the highest prices possible for their handbags. Sherry’s has customers waiting to buy your handbag enabling us to pay more than other online competitors. Our specialists are aware of the value of your possessions and handle them carefully and are knowledgeable of the current preowned market value.Start by contacting us or filling out our free instant quote request form. We can be reached at (949) 516-9494 or visit our site at sherryshandbags.com.