While these burning questions will no doubt be debated in the weeks (months?) to come, there’s another question we’ve been wondering about: How will Ghesquière’s recent departure affect the value of vintage Balenciaga?
So far, the jury still seems to be out. Vintage experts we spoke to said it was too soon to tell–but they noted that Balenciaga pieces, Ghesquière’s included, have always maintained a consistently high value in the vintage market.
However, Cameron Silver, co-owner of the legendary Decades vintage boutique, said he’s convinced the value of Ghesquière’s pieces will continue to soar.
“When I first read about the news, I sent something out to the entire team about it saying, ‘Let’s get more and more Balenciaga.’ Let’s focus on it,” Silver told me.
He echoed the other experts’ sentiments that even before the bombshell departure, Ghesquière’s items typically went for high prices.
“Ghesquière has always had strong resale value compared to a lot of other contemporaries but I think [his designs] will just continue to increase in value and interest,” he said.
As for what pieces Silver thinks will become particularly collectible, he noted that “the thing with Balenciaga is so much of the runway was never really produced.”
“Ghesquière created a modern classic bag,” Silver said. “A bag that was able to morph past its contemporary status and become a true classic.”
While it remains to be seen how much Ghesquière’s departure will affect Balenciaga’s vintage value, we’re betting these two popular accessories will definitely be priced at a premium. So, if you’re in the market, you may want to purchase now–before prices soar.