It doesn’t get much more timeless than the Chanel Classic Flap. At the time that the quilted bag was introduced in 1955, women’s handbags had not yet been made with a shoulder strap.
Reflecting such red-hot demand in the resale market, a Chanel medium classic flap bag was sold at 13.5 million won ($11,031)--20 percent more than its standard retail price--in January on KREAM ...