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Luxury Brand Popular with LV Logo Enthusiasts, Collectors, and Decorators
While it never completely goes out of style, the Louis Vuitton luxury brand seems to have a rather sizable resurgence in popularity every 25 years or so. At these peak periods of demand, everything bearing the famous LV logo, from handbags to luggage, becomes even more collectible and prices rise in concordance.
It is interesting to note that Louis Vuitton, the man after which the company was named, got his start as a Parisian trunk maker in the mid-1800s long before founding his own business... that grew into a statement-making powerhouse. And speaking of trunks, some of the priciest items in this vein are large trunks featuring the Louis Vuitton logo, which can easily sell for thousands of dollars depending on the size of the piece and the condition. Learn more about their value below.
Luggage with the LV logo, no matter how poor the condition may seem at first glance, can be quite valuable. Even battered suitcases or those missing handles can sell for hundreds if not $1,000 or more. The example shown here sold for $1,560 (not including buyer’s premium) at Morphy Auctions in spite of showing signs of quite heavy use. At one point, a similar example would easily have brought twice that amount, if not more. A similar example in better condition sold for $900 more than a year later, thus exhibiting the fluctuations in value at times of peak demand.Continue to 2 of 3 below.
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Louis Vuitton Suitcase Value
This style of Louis Vuitton suitcase known as the Alzer is considered to be a classic, and one that is still being made in the company's current lines. While not as practical for travel as modern wheeled suitcases, the retail price of this luggage ranged in 2015, depending on the size, from $7,950 to $8,950. That fact alone makes vintage Vuitton luggage attractive to many collectors and LV logo enthusiasts.
Decorators often buy several of these cases and use them as end tables in upscale... dwellings, adding another level of competition to own them. But is the market still as strong as it was several years ago?
In 2012-2013, you could expect to pay well over $1,000 for a single Alzer suitcase, and it might not even be in top notch condition. In November of 2015, however, several examples sold at Morphy Auctions for far less. The one shown here, in very good condition, was expected to bring $2,500-3,500, but sold for just $800 when the hammer fell.
This example along with two other pieces of Vuitton luggage were sold via live webcast auction by Morphy. Falling far short of their $1,500 plus estimates, the other two Alzer suitcases in good to very good condition sold for $475 and $650 before the buyer's premium was tacked on.
Was this simply an auction that didn't measure up with expected results, or a signal that the popularity of the Louis Vuitton brand is cooling a bit after a number of years on the luxury hot list? Only watching future auction results for similar Vuitton luggage in comparable condition will truly tell the tale.Continue to 3 of 3 below.
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Louis Vuitton Steamer Trunks
Louis Vuitton steamer trunks were popular with wealthy individuals around the turn of the 20th century when a set of suitcases couldn't meet the need for trips requiring a more extensive wardrobe. They range in size from miniature trunks used to hold small personal items to very large wardrobe trunks fit for long transatlantic voyages or trips from the winter house to a summer cottage. Pay close attention, and you will note them being used as props in the popular period television series... "Downtown Abbey." Many of these types of trunks are purchased today by Vuitton fans to use in their homes either for extra storage space or to serve as coffee or accent tables.
The trunk shown here was described as a Louis Vuitton steamer trunk with early checkerboard canvas exterior dating to the 1890s. A trunk of this age in very good to excellent condition is a prized find for an avid Vuitton collector. This one sold for $13,850 on RubyLane.com.
For those who love the look but don't see an antique LV trunk in their future, a book might serve as a consolation. Look up Louis Vuitton: 100 Legendary Trunks to live vicariously through the book's richly illustrated pages.