A beloved $500 designer handbag?  It's not too good to be true

A beloved $500 designer handbag? It’s not too good to be true

Gillespie is also very picky about the brands and types of bags she sells. “By far our most popular brand is Louis Vuitton and it’s the most popular types like the monogram and the checked Dalmier handbags that sell really well.”

Color also plays a role. While limited edition patterns and vibrant hues may seem more valuable, black is the hue of choice for the average Luxe.It.Fwd consumer. Prices also range from $500 to $27,000 (from Louis Vuttion to Birkin), with average spends around $1,100.

While limited edition patterns and vibrant hues may seem more valuable, black is the hue of choice for the average Luxe.It.Fwd consumer.

“Everyone wants versatility in their bag, and colors other than black just don’t fetch the same price,” says Gillespie.

Handbags have always been a big part of Sydney-based luxury boutique Di Nuovo’s business, and founder Viktoria Barber says they “would probably have the highest sales”.

She says while there’s always been a demand for authentic, high-quality pieces that retain their value and style, customers today are “much more concerned about sustainability.”

The store’s best-sellers — which Barber says often sells out in minutes — include Chanel, Louis Vuitton, Celine, Fendi, Bottega Veneta, Prada, Gucci and Chloe. More outlandish brands like Alexander Wang, Proenza Schouler and Ulla Johnson are also popular, especially with younger people.

It was a $1,647 Vivienne Westwood brown crocodile number that caught the eye of 22-year-old Samarra Ewing-Crellin on luxury resale site Vestiaire Collective. The bag, part of the designer’s 1993 Red Label collection, is a smaller version of a bag worn by model Naomi Campbell that same year.

Ewing-Crellin acquired a Vivienne Westwood brown faux crocodile bag valued at $1,647 on luxury resale site Vestiaire Collective.

Ewing-Crellin acquired a Vivienne Westwood brown faux crocodile bag valued at $1,647 on luxury resale site Vestiaire Collective. Recognition: Wayne Taylor

Ewing-Crellin wanted something unique and with a story. She also liked the ethical consumption part.

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“Buying vintage when it’s original and not replica is not only good for the environment, it’s also cool,” she says.

But how do you know you’re getting the real deal? Gillespie recommends buying from a reputable seller whenever possible.

“Check the reviews online and make sure the seller has been around for a while,” she advises. “Also check the condition description and ask for photos.”

Make sure to do your research as well. “Retailers can overprice their items on marketplaces, so always look online to see how much the bag you want costs elsewhere,” says Gillespie.

Before I bought my Gucci bag I did exactly that and ended up getting a bargain. Although I got it through Facebook Marketplace, the receipt, dust bag and bag making have stood the test, enough to convince me I have the right thing.

And besides, it just looks damn good.

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