Chanel Opera Cape, ca. 1920
Appraised Value: $25,000 - $30,000 (2013)
IMAGE: 1 of 3
Appraisal Video: (1:29)
GUEST: Well, this was purchased by my grandmother when she and my grandfather went to Europe for a trip in the early '20s and went to Paris, and this was purchased from Gabrielle Chanel. I discovered that it probably comes from the period of 1921 to 1928 because of the embroidery work that's done on it. There was a woman from Russia, she was actually a princess, and when she escaped from Russia, she went to Paris and was introduced to Gabrielle Chanel, and she was apparently influenced by flamboyant colors and flamboyant things of Russian art and artistry.
APPRAISER: It is more vibrant than you normally see for Chanel. It is exciting to see it because it really is Chanel. The label is exactly right, and the color is so flamboyant and so wild, it's just fabulous. And your period of time is exactly right. This is not just Chanel, this is Chanel Couture. It is a whole 'nother level of value because this garment was custom-designed, custom-made. If you were to go to a major auction or a major dealer to buy a piece like this, you would expect to pay somewhere between $25,000 and $30,000 for this coat.
APPRAISER: Isn't that cool?
GUEST: Yes, it is!
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