Itbags are the classic cars of the fashion set

 The It Bags are classic cars in the fashion set

Handbags must have a new shoe and an “it” accessory that all fashion-lovers are shouting for the latest offerings from popular designers. This is a market similar to the male-dominated world of more classic cars than you know.

Some of you may not have missed the buzz when Sainsbury's sold 20,000 "I'm Not Plastic Bag" other Hind-March tots [pounds] a few months ago. In just a few hours, the same bleached cotton bags were sold on eBay for over 150. Christie's specialist Monica Turcic says, "Every girl has a wallet, and every girl needs it. Nowadays, women need an 'it' bag and a no-carry bag. It works well, because everyone needs handbags, but it didn't exist 10 years ago. Classics.

Like cars, the latest designer handbags sold through dealerships and auction houses are much lower than their original retail price and lose a second and second value when the first purchase is made. This is good news for collector investors and wallet lovers, but there are some exceptions to the rule.

Last March, Christie's sold the Red Hermes Crocodile - a leathery Kelly bag for $ 10,800 in 1994. According to Torsich, the Kelly Bag is the "Holy Grail" of the classic handbag world. "Chloe and other contemporary bags are popular now, but for Hermes and Chanel's quilted bags, these are classics that are never out of style and always usable." Kelly bags can be purchased for [pound] 600, often [pound] 1,000- [pound] 2,000, which is not bad for a bag bought back in the 1960s.

Undoubtedly, most handbags are purchased for use, and unlike other collections such as Paul Smith, Abercrombie, Fitch, Skyward, etc., this is not an investment market, but again there are parallels in the car market. By buying and maintaining a classic bag, you are less likely to lose money, and instead take a permanent advantage with the income you enjoy using it.

Hind March's "I'm not a plastic bag" bag is unlikely to be "classic" after mass-produced cotton totes, but other handbags in her range can do so. Christie's Hind March bags are not yet sold, but Torsich says he won't be surprised if they start auctioning soon and they won't return them. "A few years ago Kylie Minogue was pictured carrying a Chloe bracelet bag, which created a fad and now we sell it at auction."

At the next auction is an antique worth between 800 and [ND 1,000] and another Chloe wallet in the same place. "I think the Chloe 'It' bag started the scene," Torsich added, "I don't know how long it'll take them to become their own classic, but I'm sure these will retain their value in five or ten years. Now, there's a nod to the design that goes into them." , And there are artist shoe stylists and handbags.

It's not always about big names, Minogue buys a white raffia bag with a horse head in front of her at Tony Durant's shop in Tony Durant in London's Alfie's for about 200. Raffia bags are now available in bright colors since it's summer. Durante says Kylie liked this particular bag because it was so unusual. When she buys it from a vintage fashion dealer, she is unlikely to be in touch with another celebrity. Durante says her customers are looking for this "unusual" aspect.

If you want to keep value in your wallet, you need to choose one that is in good condition, well designed and beautiful. Some “it” bags will undoubtedly fall in value as fashion changes, but the classics need to be consistent.