Undisputedly one of fashion’s most coveted pieces, the Chanel Flap Bag is a timeless icon. Introduced in the 1950s as a breakthrough in designer handbags, the 2.55 Flap Bag dared to challenge ...

This hasn’t always been the case, though. When the Chanel Classic Flap bag was first released in 1983, the cost was $1,000 (about $3,000 in today’s value), according to Sotheby’s. Its cost ...

The bag, like the entire collection, was inspired by Coco Chanel’s collection of coromandel screens. Courtesy of Chanel The flap bag (aka 11.12) has been a house signature since 1983.

On a trip to Monte Carlo in 1923, the French couturier Gabrielle “Coco” Chanel was introduced to Hugh Grosvenor, the second Duke of Westminster, with whom she began a decade-long love affair.

Chanel's Boy Bag is a boxier, edgier rendition of their classic Flap Bag. Featuring a similar top-flap style secured by a twist lock, the structured Boy Bag goes with boots, jeans, and maybe even ...

Read more: The Ultimate French Girl Shoe Turns 55 “The classic Chanel 2.55 bag and jewellery are the best investment pieces to make,” says Ricco. The rarest gems, meanwhile, are runway pieces, because ...

In the ’20s, ’30s, and ’40s, Chanel’s bags were mostly cloth bags with dainty kiss-lock closures and elegant straps to be carried by hand—though there were some forebears of the famed 2. ...