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The timeless Chanel 2.55—named for the bag’s birthday, as it was created in February 1955—rendered in soft burgundy suede, is a true investment piece. Coco Chanel created this iconic shoulder-strap design when she grew tired of carrying her bag on her forearm. (Fun fact: The interior pocket was meant to be used solely for carrying love letters). Taken care of properly, this immaculate vintage gem will last you a lifetime and never depreciate in value, financially or sartorially: The iconic chain strap, double-C logo closure (introduced by Karl Lagerfeld in the 1980s), and diamond quilting never go out of style.

• 100% suede
• 10"L x 2.2"W x 5.75"H x 16.5" Strap

Discover more in the 2020 goop Holiday Gift Guides