There’s Money in Purses!
Purses as a means of transporting valuables and necessities have been around since ancient days, and have been used by both men and women. The ancient Egyptians hung pouches from their waists, and during the 17th century, embroidered pouches of silk were hung across the body suspended from a long strap.
Modern purse size has grown with responsibility and independence. In the days before car keys, cell phones, widespread use of cosmetics, and women’s liberation, purses were tiny, and might have held a handkerchief and a few coins. These dainty purses were hung on belts or dangled from finger rings. By the late 1700’s, well-to-do women carried purses they called reticules, which might contain a pair of opera glasses, a fan, a box of face powder, visiting cards in a special case, a scent bottle, and smelling salts.
Purses have been popular collectibles or years, and not surprisingly as they relate to the volatile world of women’s fashion, the style of the most valuable examples has changed frequently. While collectors still love the mesh evening bags of the 1920’s prices have come down from highs in the 1990’s, except for those examples executed in precious metals. However, bags of that era with Bakelite or Catalin components still make high prices. Earlier beaded bags are also still popular, but common examples or bags with missing beads may bring well under $100. Plastic and Lucite purses were all the rage in the 1950’s and are now eagerly sought by collectors who will pay $300-600 for them.
Today, collectors are also looking for classic designer bags, particularly from the 1950’s & 60’s. A vintage Hermes Kelly bag (after Grace Kelly, actress & princess) can sell for as much as $15,000! Look for authentic bags from Hermes, Gucci, and Chanel.