Louis Vuitton vs. Coach: The Truth About Luxury Pricing

Written by: Tanner Leatherstein

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Time to read: 4 min

“Tanner Leatherstein examining luxury bags with a magnifying glass, with text ‘Louis Vuitton vs Coach — The Truth About Luxury Pricing.’”

In 2025, I set out to answer a question that has haunted me for years: why does a Louis Vuitton bag cost fifteen times more than a Coach bag when the craftsmanship often feels nearly identical? After spending $4,450 on an LV Go-14 Pico in Paris and $395 on a Coach Pillow Tabby in Dallas, I dissected both bags side by side—and the results were eye-opening. From leather quality to hardware, structure, and stitching, the differences were minimal. So what explains the staggering price gap? The answer lies not in the product itself, but in perception.

In this blog, we will answer the following questions:


  • If the craftsmanship is similar, what are you really paying for when choosing Louis Vuitton over Coach — the product or the perception?

  • How much of your luxury purchasing decision is driven by quality and functionality versus status, branding, and store experience?

  • When comparing two bags with a massive price gap, what matters more to you: marginal differences in materials and design, or the meaning and symbolism attached to the logo?

Act 1: The Paradox

At first glance, both brands seem to deliver exceptional leather goods. Coach is an American brand with decades of history, while Louis Vuitton is a French heritage house with global prestige. On the dissection table, however, craftsmanship was often comparable. I had previously invested over $1,000,000 in dissecting luxury leather goods over four years, so this comparison wasn’t trivial. The leather, the stitching, the hardware—even the interior construction—were often indistinguishable under close inspection. Yet, the LV bag carried a price tag that seemed impossible to justify purely through quality. This paradox led me to dig deeper.

Act 2: The Investigation

I purchased three sets of comparable products from LV and Coach to investigate.


Comparison Set 1: Entry-Level Coated Canvas


First, I examined entry-level bags: an LV Monogram canvas briefcase ($1,700) versus a Coach backpack ($150). Surprisingly, Coach scored better in usability and design, and the leather accents felt superior. The LV briefcase even arrived slightly misaligned, whereas the Coach backpack was flawless. In pure craftsmanship, the Coach bag clearly outperformed its pricier counterpart, leaving me questioning the logic behind the LV price.


Comparison Set 2: The Tote Battle


Next, I compared tote bags: Coach Theo ($450) and LV Neverfull in Empreinte leather ($2,700). While LV’s iconography and small design nuances were impressive, the Coach bag held its own in leather quality, structure, and overall functionality. In terms of workmanship, the Neverfull had minor flaws, whereas the Theo was impeccable. Once again, a six-times price difference wasn’t matched by an equivalent difference in quality.


Comparison Set 3: The $4,000 Gap


The final comparison was the most striking: Coach Pillow Tabby ($395) versus LV Go-14 Pico ($4,450). Here, LV did shine with exquisite lambskin, sophisticated structure, and premium hardware. Yet, the difference, while noticeable, was marginal when compared to the eleven-times price gap. This highlighted the core of the mystery: the product itself wasn’t eleven times better. Something else was at play.

Act 3: The Revelation

The moment of clarity came at the Paris LV flagship. Unlike a typical store, this space resembled a museum—a temple of luxury. Every element, from lighting and architecture to displays and installations, communicated exclusivity and prestige. This isn’t just retail; it’s an engineered perception.


Coach, by contrast, focuses on producing excellent products at reasonable prices, letting the product speak for itself. LV manufactures desire, carefully constructing a story and aura around the bag, elevating the logo into a symbol of status. The $4,000+ premium isn’t purely craftsmanship—it’s the cost of curating perception.

Act 4: The Weapons & The Choice

Luxury brands use psychological techniques to justify their pricing, shaping perception and tapping into status signaling. The takeaway for conscious buyers is simple: every product has two components—what it is, and what it means. Coach builds excellent products; Louis Vuitton manufactures desire. Recognizing the difference allows you to make intentional, informed choices, rather than being manipulated by status cues.


The next time you face a choice between a Coach and an LV bag—or any similar comparison—ask yourself: am I buying a product, or am I buying a symbol? And if it’s a symbol, is it worth the premium to you personally? Understanding this distinction transforms the way you approach luxury purchases.


In conclusion, dissecting LV and Coach side by side taught me that quality doesn’t always dictate price. Perception, theater, and status signaling can cost far more than raw craftsmanship. By learning to separate the product from the illusion, you empower yourself to make conscious, informed luxury choices.


Until next time—stay Leathertained. 

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About Tanner

Tanner Leatherstein poses for the camera.

Tanner Leatherstein

Known as the "butcher of leather bags," Tanner has amassed over 2 million followers and 301 million views, with features in outlets like The New York Times and Financial Times. PEGAI, Tanner's brand, embodies his passion for crafting premium leather goods with unmatched authenticity and precision.

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