Agree. I know many wealthy ppl who would not participate in this PI game because they already own a vast collection and because they know the prices they paid over the years.Funny to me, because they (Chanel) have made comments about the second hand market, they don't like it, (they clearly hate people making money off of their product second hand) so they set restrictions and make the prices so crazy that they lose the people who NEVER bought second hand to begin with!!! Let's face it, their bags are fairly mass produced, much of their leathers are not super expensive, they do NOT WANT people making a profit on their product so they will increase the price so much and reduce the ability to buy that they can still make the same profit while spending less on production and not having a saturation into the population (building some level of exclusivity). I bought my last WOC last month, I really like it and don't regret the purchase but it is most likely my LAST, I am not into re-sale market... I bought ONE super beat up 227 reissue about 8 years ago super cheap to restore for fun (not to turn around and sell), had it authenticated favorably although still question a screw issue but we have to remember seasonal bags can be a free for all in many respects and I had a favorable outcome from an authentication perspective (its funny how we have these specific guidelines as if the bag makers at Chanel never had to finish off a bag by hand with a slight variation and when someone gets that one variant OMG it has to be fake, but that's another discussion, recently just ran into a miss color matched hardware issue with seasonal color classics where the CC hardware was not a match to the chain, **** does happen lol) anyway it was a fun project bag and very cheap, and I use and adore it....buying anything at a premium pre owned is not for me, the other 25 plus Chanel handbags, SLG's, ( not to mention shoes accessories etc.) I own were bought in boutique I'm going to use and enjoy what I have.. Yes this is business, but they clearly have a little desire to keep faithful shoppers, way to snobby/greedy/expectant for me! I have no desire to spend 10K on a purse I already own multiple versions of that I paid way less for... it's too much too soon and social media, online applications, etc. probably hasn't helped. I actually know many millionaires who would laugh at spending 5k on a bag never mind over 10K... We just have better things to do in life at this point.
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