A bag that costs $6,000 can be yours for less than $1,000, and a Gucci collection that sells for just $2,800 can be bought for as little as $1 million.
That’s just how much a range of designer bags can fetch at the Guccis’ popular online auction site.
The online sale, launched last week, saw thousands of Gucci bags on offer for sale in the first three months of the year, according to a new CBC News analysis.
While the prices are on the low side, they’re still more than the average Canadian makes.
The average Gucci backpack has a starting price of $2.1 million and can go up to $2 million if you add a third accessory, according a CBC News investigation.
It’s the highest selling Gucci in more than three years.
The first time a Gucci bag went on sale was in 2015, when a bag from the brand sold for $2 billion.
That year, Gucci also sold a $1.4-million bag for $7,000.
But those deals typically only come around once a year.
That trend was on display last week.
The new online sale features the biggest range of Guccimas ever offered, as well as some of the biggest names in fashion and sports.
The $2-million Gucci Bag is priced at $1-million, up from $1M a year ago, while the $2M-plus Gucci Jacket is priced for $1million, down from $2m a year earlier.
And the $1 Million-plus bag has a $5,000 base price.
The range of accessories and other goodies in the range includes a pair of sneakers for $600; a pair and two belts for $400; a necklace, bracelet and earrings for $500; a leather backpack, including a pocket and a belt, for $550; a scarf, gloves and a hoodie for $700; a tuxedo and a jacket for $850; and a handbag for $900.
The Gucci Collection has a range from $5M-1.9M.
It includes a bag with a dress made of silk from the designer brand Gucci for $8,000; a hand-carved diamond bracelet and bracelet made of diamonds for $13,000 and a bracelet made from a diamond for $24,000 as well.
The Bag that is priced between $2-$6 million includes a Gui, the latest edition of the brand’s popular line of bags.
The bag includes an earring, a scarf and two pairs of leather shoes for $100; an earrings and a scarf for $150; a bracelet and two shoes for 50 cents each; a bracelets and two-strap shoes for 60 cents each and a leather jacket for 65 cents each.
The sale includes Gucci’s $7.5-million bags for $3.1-m, as opposed to the $5-mill range.
The highest selling bag on the site is the $9.8-million Bag with the diamond in the lining, which is $2K, up 5 per cent from last year.
Gucci has also been selling the $500-million collection, which features two coats and a pair, and is priced from $400,000 to $600,000 for the current model.
A collection that includes Guccilos collection and accessories is priced around $4.5 million.
“The Gucci brand has always been about making beautiful, stylish and affordable pieces,” said Gucci Group CEO and president Philippe Starck in a statement.
“We know the Guices work perfectly with all types of people, and that’s why we are bringing them to the internet for a new generation of collectors.”
The Guccidotron was designed by Gucci founder and founder Stefano Gucci and is the brand new way for people to buy and sell Gucci products.
In the first year, the auction site saw $6.7-million in sales.
The brand said last year that the Guicci brand would be worth more than $6 billion by 2025.
Guccic is known for its iconic Gucci suits, handbags and sunglasses.
For its most recent year, it sold $8.3-million of clothing, footwear, accessories and jewelry to raise $5.5 billion for its business.
The company said it has sold more than 200 million pieces of Guiccci in the past decade, with the latest being the GuiCats collection in 2018.
“Gucci is the biggest name in the luxury consumer brand world, and today’s online auction will serve to show us that even with the limited supply of our products, our brand is still a global force in fashion,” said Starck.