Fabulous authentic vintage Classic Chanel Double Flap Quilted Jersey Knit Handbag with Mademoiselle Lock. Gold tone hardware. Gorgeous Chanel Reissue chain. Current retail new approx $9,picnic hermes bag300.

Priced to sell quickly at substantially below resale value.

Excellent overall condition with one tiny nick to jersey as shown in photo. Has not been carried in past 10 years - kept stored in box. Includes auth card and box.

PER SOTHEBYS: The days of finding a preloved Chanel bag on the secondary market for less than retail are long over, regardless of the bag’s condition. Chanel bags on the resale market are known to maintain top resale values.

Chanel handbags are highly sought-after, iconic statement pieces, and demand is always higher than supply. Since the start of the global pandemic, Chanel has boosted bag prices four times. The luxury fashion house increased the price of certain bags from 5 to 17 percent. Chanel boosted the iconic Chanel Flap bags another 15 percent.