Found out more about the rates here

BUYER'S GUIDE
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.
Less valuable hardware: since 2008, Chanel no longer uses 24 carats gold plated for their metallic pieces but a gold and silver alloy instead.
Material warning: velvet is fragile.
Single flap or double flap ? This version is a double flap.
Least expansive classic flaps: among with canva and fabric, velvet Timeless bags are the least expansive Timeless bags.
Lesser investment: due to their fragility and because they are less iconic, they might not constitue the best investment.
Rare: however, this bag is also quite rare to find and even though velvet is fragile, it feels luxurious.
Overall, if you don't want leather, go for tweed instead.
AVERAGE PRICE ON SECOND-HAND PLATFORMS
Good
-
Very Good
4230€
Excellent
-
RETAIL PRICE IN 2024
No longer produced
STATUS
Rare
WHERE TO BUY
If you can't see a bag, it means I haven't found it on a seller platform, yet !
