Chanel is in the spotlight this year, with a new designer in Matthieu Blazy, and when fashion is talking about Chanel, then the LBJ is naturally front of mind.
It will hold its value much better than a car, and I would argue it could be as useful as one, but I get that not everyone would see it that way – and given the price this is a purely academic argument, really.
You don’t need to fork out for the OG Chanel version to achieve the classic, chic look – as long as you keep an eye on the details.
The spiritual home of the LBJ will always be Chanel, but it is now as native to the high street as a Starbucks latte.
A real Chanel, whether vintage or new, will cost about the same as a secondhand car.