I have several Coach purses - most at least 15 years old. The problem with LV and the new Coach ones are the same - who wants to walk around with those horrible monograms? The Coach fabric ones are particularly horrible.
But the true classic (as opposed to "classic") purses are great. Can't kill them, hold everything mad still look substantial.
I agree with Chloe and want one myself! But there are lots of nice LV bags without monograms that are very high quality and will last for years. Probably heirloom items to be passed down. Coach - yuck. Tory, I think is a passing fad although I have lots of her stuff. You really want class that will last forever? Hermes.
LV bags are old news. I say that as an owner who especially avoids the monogram ones, but having one seems so cookie cutter. Better to just go with what you like or try something like Chloe.
I've had a couple and they are not very well made. The straps start to peel after a while. They are good looking, though. I wouldn't call all LV bags trashy, BTW. Not every LV bag is the "Never Full" that everyone has. Check the LV website and the price list. The quality of the LV bags far surpasses Tory's.