I would disagree strenuously with all the responses telling you not to buy, because Costco has that 100% satisfaction guaranteed policy you mention. Unlike TJ Maxx, I don't think they are buying seconds for the bags they sell online or only have one or two in each store. (The items of 'lesser' quality are the things they carry a bunch of stock; those Levis for example, or the Lodis bag they were carrying for $60 during the holidays. Those aren't seconds, but they *are* made for Costco.) The Costcos in fancy neighborhoods do carry Chanel bags from time to time. If you check regularly, they have Balenciagas, Pradas, Burberrys, etc. But they only carry one or two of each bag, so they sell out fast. I exclusively buy my fine jewelry from Costco and when I take it to the jeweler's for appraisal, they are always impressed and appraise it for significantly more than I paid for. They knock off a lot of Tiffany designs for significantly less, for example. They carried the $20k Tiffany engagement ring I liked for $7k, and the diamonds were bigger. And as an example of their a generous returns, I bought my dad a Fitbit a year ago; it broke recently and they took it back no questions asked *a whole year later*.
Back to purses, you CAN find better deals if you look, have access to great sample sales or good
Nordstrom Racks, but if you have been hunting for a bag and see it there I wouldn't even hesitate.
ETA: and their makeup selection is phenomenal, I buy all my Chanel/Dior/etc. Mascara and lipstick from them.