Sales demonstrate strong demand for 'exceptional handbags’
Auction group Christie’s presented two online sales of luxury handbags: Unlocking the Orange Dream: Handbags From an Important Private Collection, featuring a European private collection of 200 pieces, primarily by Hermès, and Handbags Online: The Paris Edit, offering a curated selection of Hermès bags alongside iconic pieces from brands including Chanel, Louis Vuitton and Dior.
Together, the two sales achieved nearly €5 million, with a 98% sell-through rate, including 67% of lots surpassing high estimates. The sales attracted 532 buyers and bidders from 49 countries.
The highlight of this series was Unlocking the Orange Dream, which achieved in €2.6 million. This marked the third collection sale organised by the Handbags & Accessories department at Christie’s, and the second one held in Paris. It showcased the exceptional quality of the pieces and the growing global demand for high-end handbags.
Additionally, Handbags Online: The Paris Edit also performed strongly, totalling €2.4 million. These sales saw great success with an international audience, drawing 874 registrants and 171 first-time participants.
Lucile Andreani, head of handbags and accessories at Christie’s Europe and Middle East, said: “The strong results of these two sales, both in terms of sell-through rates and the number of registered bidders from around the globe, highlight the growing enthusiasm for exceptional handbags.”
