Original release date: created by Karl Lagerfeld in 1983.

Recognizable features: the chain intertwined chain with leather, the double C lock and the double flaps.

Great investment: Today this bag costs five times more than in 2005 and represents a safe investment.

Less valuable hardware: since 2008, Chanel no longer uses 24 carats gold plated for their metallic pieces but a gold and silver alloy instead.

Iconic material: tweed might be less valuable and luxurious than leather but this is Chanel's iconic material.

Valuable assets: please note that if your tweed classic features some assets like embellishments, pearls, embroidery, the value will go up !

Types of hardware: gold and silver alloy or silver.

Single flap or double flap ? When you buy your bag be very careful about this feature ! Double flaps are the original designs. Double flaps feature a second flap that you can see from the side. This second flap was originally burgundy red. The Chanel logo appears on it. Double flaps Timeless have lots of compartments which will make organized people very happy. Double flaps also tend to keep their shape more. However, they weigh a bit more. Single flaps weigh a little less and as the main compartment is more open, they can fit more stuff.

Bonus ! So many celebrities have one including Lindsay Lohan.