It's been a long time since I started a new thread on tpf, and I realize that title is all over the place in subject matter, so I apologize. But I feel like I'm noticing something ... something vague and hard to really coalesce into a solid theory, but it's a feeling that I just can't shake. I wanted to know if anyone else has noticed any of this. I also apologize for how long this ended up. But no one else in my everyday world is going to be able to see or discuss any of this, so here it is.
Also a couple disclaimers. ... 1) I do realize that there is a Y2K nostalgia resurgence in fashion in general lately, and especially in Coach. So I know that is obviously skewing some of what I'm seeing ... but I feel like I'm seeing some of this happen with non-Y2K as well. And yes I also know about the huge resurgence of "vintage" (or what this board traditionally classifies as vintage, eg. ~2000 and back) on the resale market over the past 5 or so years, but what I'm about to talk about isn't really referring to any of those more "older" vintage.
And ... 2) I've never sold a bag, so that probably limits or skews my observations as well. (Bags that are in excellent condition but rarely used for one reason or the other tend to get gifted to friends.) So I do not know the market from the seller standpoint, just from the buyer standpoint, and I'm actually looking for a couple bags that I should have gotten years ago (one for me, one for a friend). So what I feel like I'm seeing is strictly from the buyer, as opposed to seller, standpoint. ... 3) And finally, yes, I know the trick on ebay is to not just see what bags are listed for, but what they've actually sold for.
Hard to coalesce these, but I'm going to try ...
1) Coach seems to be holding its value a lot better than it used to --- at least for good condition, pre-loved (or new), discontinued bags. I've spent a lot of days on ebay looking for the styles I wanted to pick up for myself and my friend, and have gone down many tangential rabbit holes searching other bags that daughter/I already own, or even just bags that I knew were well loved or disliked around these boards. I've spent far more time on this over the past week than I should have, but the resurgence, including in resale value of well-kept and "interesting" bags, seems surprisingly real to me.
2) This one's even harder to phrase, but ..... I feel like the resale value of MFF (made-for-factory) ... especially the older ones, from the days when a lot of the MFF was more intricate and trying to actually *look* like boutique bags ... is no longer being dinged by the fact they were MFF.
For example, I'll use the old Zoe style (always one of my favorite Coach loves). The original MFF Zoes were made to look identical in style to the boutiques. I once stood in an outlet, choosing a patent grey Zoe from a display where all half-dozen of the bags were literally **IDENTICAL**, in feel, leather, hardware, except that two of them had boutique creeds and the rest had MFF creeds (F in front of style number). Then right after that they started doing MFF Zoes in non-boutique colors/fabrics, but the hardware was the same. Then they changed the hardware (removed some dogleash clips and added crossbody straps) but the overall shape remained very close to boutique.
........ In years gone by, the frequent, under-toned stigma of MFF would have had the MFF bags not selling as well on the pre-loved market. Now I'm seeing virtually no difference in resale of older MFF bags vs their similar, boutique counterparts. Since I have Zoes, I looked up Zoes. The MFF versions are selling just as well, if not *better* in some cases, than the boutique versions. Do people no longer care, or do people no longer know? (I personally never cared much, as long as quality was there, and particularly with the Zoes/Kristins/Leahs/gathered for which I had the most experience. But this is about what I'm seeing out *there* right now.)
3) The C jacquard seems to have had a significant uptick (due to Y2K nostalgia?) in popularity. More so than I expected, and especially more so than I would have expected given the attitudes of many toward that fabric just 5, 10 years ago. I am genuinely surprised. (And not in a bad way.) The coated canvas Cs too, although I was never as familiar with them.
I recently took a dear elderly friend of mine to an outlet mall ... my daughter and her best friend did a shopping frenzy while my elderly friend and I wandered the Coach outlet. Her son and son-in-law are both really into Coach, so it was territory she "knew." I told her I was buying her a new bag and we literally scoured the place. What she kept going for was coated canvas signature ... and I love the one she finally picked out, but it just surprised me how drawn she was to the Cs .... compared to how I felt things were years ago. I realized after that, that her son-in-law is really into the Cs (and this is in no way a price point thing ... he's well established lawyer ... he could go after the fanciest leather or brands that he wanted to).
I hope some of this has made sense.
My TL/DR would be: Older MFF and C jacquard/sateen doing much better on pre-loved market than I would have expected (as long as bag condition is good), beyond what I can simply attribute to Y2K nostalgia; MFF of these older bags holding their own against boutique counterparts far better than they would have some years ago; and price retention genuinely surprising me -- and in a good way.
No one else around me will understand if I bring this up. Thought maybe some here might.
