I needed to sell the bag to make a purchase of something else. I sold it to a store that sells gold and bags. I bought the bag for almost 7k cad and sold it for 4k cad. Lost 3k. I am in pain. He says pink is a hard to sell bag. Right now the economy is bad. No one is buying and everyone is selling.
Just sold my chanel bag 22k pink and I lost a 2.5k
- Thread starter babygirl416
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I don't know about resellers, but I own a boutique in Canada and no one is shopping right now. Inflation and BOC rates are killing us
Sounds about right to me, sorry though! Bags are definitely not investments imo, I choose based on keeping forever. Same with jewelry, you take quite a hit typically.
Heading quickly towards Christmas, I slow down personal purchases.
Heading quickly towards Christmas, I slow down personal purchases.
I am sorry to hear that! 
It's sad to part with a bag you love and loose so much money in the process.
I have been very selective with my collection because I do not intend to sell them, but of course you never know what life has in store for you. So I like to think about the 'maybe increased value' after lots of price increases but I use them because they bring me joy. I know that sounds silly but they do show my achievements in a way and of course I love their look.
It's sad to part with a bag you love and loose so much money in the process. I have been very selective with my collection because I do not intend to sell them, but of course you never know what life has in store for you. So I like to think about the 'maybe increased value' after lots of price increases but I use them because they bring me joy. I know that sounds silly but they do show my achievements in a way and of course I love their look.
Unfortunately the timing for selling bags is not the best.
Pink is not the easiest color to sell but it will sell to the right person.
Sounds like you funded the sale of the Chanel bag for another purchase.
Enjoy that purchase!!
Usually, pink (same with black bags) sells well. Do you have a pic of the bag you can share with us?
I actually think pink bags sells very well, but then again it depends on what type of pink. They say once you buy something and the minute you walk out of that store, it looses its value by 50%. Demand and supply plays a role. But at least your bag is not sitting in closet and you can use that funds to something you truly love! Life is too short for regrets! Live and learn I guess.
Sorry to hear that. Pink use to be good colour, but because chanel release heaps of pink bag lately, so that not the case anymore.
Bags definitely not investment, loose money most of the time.
Bags definitely not investment, loose money most of the time.
Bags are definitely NOT an investment. Of course, the most popular sizes that we all covet sell at a premium, but by the time we are ready to sell, the trends shift, and the bag is no longer highly sought after. When I purchase, I try to think long term and just enjoy my bags.
Chanel Coco First 22K mini flap bag pink calfskin | Vintage-United
Shop this brand new Chanel cross-body bag in sakura pink caviar leather online. Find highly sought after authentic luxury designer bags on Vintage-United.
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I’m sorry! It’s painful to lose that much on anything let alone a beautiful bag. I’ve personally always lost money on Chanel bags. Regardless of their popularity. Just know we all get how much it burns and you’re not alone 
It is a beautiful bag and I am sorry you didn't get close to what you paid for it. Obviously, you wanted to fund another purchase by selling this bag. We are always disappointed when we don't get what we hoped for. In the end, I hope your new purchase brings you more joy and happiness.Chanel Coco First 22K mini flap bag pink calfskin | Vintage-United
Shop this brand new Chanel cross-body bag in sakura pink caviar leather online. Find highly sought after authentic luxury designer bags on Vintage-United.
Thanks I am trying to be more careful this time
Bags are not an investment ! i have lost a lot of money selling bags that i am super selective with my purchases now.