Louis Vuitton is a brand that has become synonymous with luxury and high-end fashion. The brand is known for its iconic LV logo, which is featured on many of its products, including bags, luggage, and clothing.
While Louis Vuitton bags are now seen as a status symbol around the world, they had humble beginnings. In this article, we will explore the history of the first Louis Vuitton bag and how much it sold for.
The Beginnings of Louis Vuitton
Louis Vuitton was founded in 1854 by a young Frenchman named Louis Vuitton. At the time, he was working as a trunk maker, creating custom trunks for wealthy Parisians who were traveling abroad. He quickly gained a reputation for his high-quality workmanship and attention to detail.
The First Louis Vuitton Bag
In 1892, Louis Vuitton introduced his first bag to the world. The bag was designed to be both practical and stylish, with a flat bottom that made it easy to pack and unpack. It was also made from durable materials that could withstand the rigors of travel.
The bag was an instant hit with travelers around the world. It quickly became known as the “Keepall” bag and was available in a range of sizes to suit different needs.
The Price of the First Louis Vuitton Bag
While the first Louis Vuitton bag was not cheap by any means, it was still relatively affordable compared to some of the other luxury goods on offer at the time. In 1901, a Keepall bag could be purchased for around $5 (around $150 in today’s currency).
The Value of Vintage Louis Vuitton Bags Today
While $5 may not seem like much today, it was a significant amount of money at the time. However, the value of vintage Louis Vuitton bags today is significantly higher. In fact, some rare and highly sought-after styles can sell for tens of thousands of dollars at auction.
- In 2017, a rare Louis Vuitton trunk from the 1890s sold for $137,000 at auction.
- In 2019, a Louis Vuitton “Speedy” bag from the 1960s sold for $52,500 at auction.
Why Vintage Louis Vuitton Bags are so Valuable
Vintage Louis Vuitton bags are highly sought-after by collectors and fashion enthusiasts for several reasons. Firstly, they are seen as a symbol of luxury and status. Owning a vintage Louis Vuitton bag is a way to show off your wealth and taste.
Secondly, vintage Louis Vuitton bags are often made from high-quality materials and feature intricate details that are not found in modern bags. This attention to detail and craftsmanship is something that many people appreciate and are willing to pay a premium for.
Conclusion
In conclusion, the first Louis Vuitton bag was introduced in 1892 and was an instant hit with travelers around the world. While it was relatively affordable at the time, vintage Louis Vuitton bags today can sell for tens of thousands of dollars at auction due to their rarity and high-quality craftsmanship.