Dear Gary,

Thank you for contacting Mearto with your appraisal inquiry.

This is such a classic Chanel handbag, you can't go far wrong with a bucket bag in the caviar leather too! The colour is so vibrant and it seems to be in great condition! The more mint the handbag the more they tend to fetch at auction. It's also wonderful that it has only been owned by yourselves.

These bags are regularly found in specialised designer auctions. A fair market estimation for this beautiful vintage red Chanel bucket bag in caviar leather would be between 600 - 800 GBP. This estimate is based on actual recent past recorded auction sales of comparable items. Retail asking prices can be higher and may vary.

I believe this classic piece would easily achieve within the estimate provided, however, there is no measurement for the sentimental value you might attach to the handbag.

Do let me know if you have any additional questions. Many thanks!