Does the Grommet bag hold its value?

It holds modest value on the resale market; because it was discontinued years ago, well-preserved pieces with intact hardware are the ones that still command decent prices.

Is the Grommet bag a good investment?

It's more of a design-era collector's piece than an investment vehicle — worth buying for the distinctive hardware detailing rather than expecting significant appreciation.

Alexander McQueen

The Grommet Bag — Oxblood

Leather · Silver hardware

Estimated resale value today

$938▲ $2 (0.2%) / 1M

Down $857 (-48%) vs. original retail of $1,795

24H

▼ 0.1%

▲ 0.2%

—

Estimated from a researched valuation model for this style, blended with live eBay listing data — the more comps we have, the more they influence the number.

About the The Grommet Bag

Launched in the early-to-mid 2010s under Sarah Burton, the Grommet bag lined its edges and flap with rows of metal eyelets, giving an otherwise minimalist silhouette an industrial, punk-inflected edge that tied back to Lee McQueen's own runway aesthetic. It sold in tote, satchel and clutch configurations and became a recognizable signature during that design era before being retired as the brand's hardware language shifted.

What affects this bag's resale value

Density and condition of the grommet trim — missing or corroded eyelets significantly reduce value
Larger tote versions vs. smaller clutch versions carry different resale ceilings
Leather color, with black and oxblood holding value better than seasonal brights
Scarcity, since the line was discontinued and never re-issued
Overall structural integrity, as the grommets can strain and distort softer leathers over time

Other The Grommet Bag variants

Leather · Black · Gunmetal hardware$908

Frequently asked questions

Does the Grommet bag hold its value?: It holds modest value on the resale market; because it was discontinued years ago, well-preserved pieces with intact hardware are the ones that still command decent prices.
Is the Grommet bag a good investment?: It's more of a design-era collector's piece than an investment vehicle — worth buying for the distinctive hardware detailing rather than expecting significant appreciation.

Alexander McQueen (est. 1992) — Known more for its gothic-romantic runway identity than for handbags specifically; resale demand exists but is less established than at brands built around a single iconic bag.

This is an estimated market value, not a formal appraisal. The actual value of any individual bag depends on its condition, provenance, and what a specific buyer is willing to pay. Values shown are modeled from aggregated resale market data and update periodically.

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Condition

Light signs of use, no major flaws

Your bag's estimated value

$844

Typical value for this bag: $938

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This is an estimated adjustment, not a guaranteed listing or appraisal price. Actual resale value depends on the buyer, the marketplace, and a closer look at your bag's true condition.