Can a limited model be worth 3 Speedy? Let's find out!

👜 Let's be clear: if there's one thing we learn in the world of second hand, it's that the retail price of a bag doesn't always correspond to its value over time. There's a bag that goes up and down really quickly as the seasons pass! Today I'm talking to you about two Louis Vuitton bags that perfectly demonstrate this: the iconic  Speedy  and the more niche, but exclusive Courtney Multicolor

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2010: When the Speedy was a bargain!
In 2010, buying a Louis Vuitton Speedy 30 cost you about 500 euros. A real bargain, right?  Of course, it still seemed like a lot of money back then, but if you think that buying one today costs about 3 times as much, you'll regret not buying it sooner🤑  Anyway, the Speedy was already one of the brand's most iconic bags back then, loved for its classic design and versatility. On the other hand, the Courtney Multicolor, a much more extravagant and rare bag, had a price of about 1,800 euros. We're talking about almost four times the cost of the Speedy! 😱 If we were to think of a bag today that costs about 4 Speedys, we would therefore be talking about a bag with a price around 6,000 euros! BOOM! 

But let's get to the heart of this article! The difference between price and value in the world of vintage and second hand or preloved bags (call it whatever you like best)

Today, the price of a new Speedy 30 has skyrocketed (and the classic version without a shoulder strap is no longer available)  and we're at 1,600 euros for a Speedy Monogram 30.

And here comes the surprise: in the second hand market, the Speedy is one of the bags that retains the most value over time, so much so that a bag paid 500 euros, fourteen  years ago, is worth much more today than at the time of purchase!

A different story for the Courtney model...

On the other hand, there's the Courtney Multicolor model. Even though it was more expensive originally, today we at Vivo Vintage offer it at 925 euros. Of course, online you'll also find it at double the price, but will it sell? Unlikely...

Why does a basic model, however iconic, triple its value over time, while a limited edition loses half its value? The mysteries of faith! But it's always the same old question of "who asks, commands"  . The market always determines the value. 

Conclusions written on water! Because maybe in a month Taylor Swift  announces that she loves the Courtney and hates the Speedys and the trend reverses, but for today I feel I can give you a few tips by looking at the second hand market from a broader perspective.

If the Speedy is a sure thing over time, the Courtney model shows us that the most extravagant and expensive bags don't always retain their value. This doesn't mean that the Courtney Multicolor and all limited editions are not special (on the contrary, it's a highly sought-after piece by collectors), but some bags are real investments, and the classic Louis bag is one of those bags that always stay in fashion and in demand. 💼✨

So, which one would you choose? The one that has retained its value or the one that, over time, has lost part of its financial appeal, but that  remains a work of art nonetheless? 🤔

The advice is always the same! Choose what you love