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Wednesday 17 April 2013

10 Important Things You Need To Know Before Buying Vintage Hermes, Chanel And Rolex

Lane Crawford through its Blitz department (a program that is all about unique collaborations) has just invited vintage accessories

Vintage Chanel bags and jewelry at Lane Crawford/Blitz
experts to show their wares in Hong Kong. These experts have brought together more than 1000 vintage Hermes, Chanel, Rolex and Patek Philippe pieces to make up what Lane Crawford/Blitz has dubbed the Vintage Voyage experience. I got the chance to talk with to about what you need to know before making the commitment to buy a vintage luxury item.
1. With so many fakes around, look for Birkin and Kelly bags authenticated by Hermes. The Hermes atelier has a record of every piece they’ve ever produced according to vintage Hermes expert Nicola Robinson of Maia.
2. That said, consider buying only truly special pieces. By special this means pieces that are no longer in production, one-off orders produced only for VVIPs, bags in lizard and ostrich as these are seldom produced, and special size like the mini-Kelly bags in 20cm which are very rare.


Vintage Hermes bags including a one and only in the world ostrich HAC and a very rare 20cm Kelly bag at Lane Crawford/Blitz
3. When buying vintage Hermes bags look at the condition of the bag. Look for scuff marks and discoloration, check whether the clochette lock and key works, look at the hardware, feel for dryness in the leather, and sniff the bag. Years of use and dumping everything from mints to cigarettes in the bag can produce all sorts of odor. While there is a Hermes Spa in Paris that can do refurbishment on bags, it is best to buy something of excellent quality.
4. Robinson considers Hermes bags that are 10 years and older as vintage.
5. With so many watch brands out there, Rolex and Patek Philippe watches are the ones that truly hold their value according to watch experts Daniel Bourn and Eric Ku of Vintage DB and 10pastTen.
6. When it comes to watches, vintage means pieces that are no longer in production like the tiny 1950s-1960s Rolex Chameleon cocktail watch and those Rolex watches with colored stone dials in lapis and coral.
7. When buying vintage watches pay attention to original parts as a vintage watch with original parts will have better value than one

A selection of vintage Rolex and Patek Philippe watches at Lane Crawford/Blitz
that’s been modified with newer parts. Vintage Rolex watches for example will still have acrylic crystal (glass covering the watch’s face) since sapphire crystal, introduced in the 80s, is still considered relatively new.
8. According to Seth Weisser of What Goes Around Comes Around, Chanel bags have hologram ID cards to help identify when they were produced. If a card is missing, you should be able to find another hologram inside the bag. This hologram system with a 7-digit numerical code was introduced in the 1980s. In 2006 the house ran out of 7-digit codes and introduced the 8-digit system. That said, Weisser, deals only in Chanel pieces from the 80s and 90s with 7-digit codes.
9. More often than not, vintage Chanel bags are less expensive than brand new bags.
10. The vintage market especially in the luxury arena is successful because it is about timelessness. It is about taking something from say the 80s and have it still looking relevant today. This is how Weisser approaches the vintage market.
These vintage pieces will be on display and for sale at Lane Crawford in Hong Kong until early June.
Source : Forbes

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