Why It’s An Investment: The Chanel Classic flap bag was introduced in the 1980s when Karl Lagerfeld joined Chanel as the creative director. It comes in four sizes – Small (9”), Medium (10”), Jumbo (12”) and Maxi (13”) – as well as in a Mini and Wallet on a Chain. It is the most recognized handbag that Chanel produces, and is a piece that only goes up in price with every year.
Characteristics: This classic double flap is crafted of diamond quilted luxurious caviar leather in black. The bag features a long gold chain link leather threaded shoulder strap and frontal flap with a gold Chanel CC Mademoiselle turn lock. The interior is lined in burgundy red leather with a "love letter" zipper compartment under the first flap, an "outer" slit pocket is under the second flap and an interior compartment has two open pockets separated by a "lipstick" compartment.