I often think that people would hang on to their quality bags longer if they only knew how easy it can be to rehab them, especially bags that were clearly loved and well-cared for, like my recent rehab of a Soho-laced flap bag in buckskin.
I found it in a charity resale shop and it came with the dust bag and the original coach box. You could tell that is was well-used but cherished and it had gotten rather dry, faded, and scratched and a bit tarnished and grubby. A bath, some conditioner, and a little TLC perked it right it up almost as good as new. I think that the original owner would have been sorry she let it go if she knew how easy it was to revive her!
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I think on many occasions the bags end up being donated or sold after the owner's passing. I once bought a couple of NYC bags from a woman who was sorting out her late stepmother's belongings. I marveled at their excellent condition, and the woman said that her stepmother was one of the first women executives in the technology world in the North East in the 70s, so she could afford quite a few luxury things and some of them were used very little. That woman clearly didn't care about Coach purses, but at least they were all neatly kept in a big crate and she wanted a better life for them.