Record auction demonstrates ‘growing appeal’ for rare handbags
An auction of rare handbags broke Christie’s record for an online sale of this kind in Europe, with a total €4.3 million being spent on around 280 bags.
Three-quarters of the bags sold above expectations, showing the “growing appeal of rare and iconic pieces”, according to the auction house.
The sale attracted 804 bidders – a third of whom were first-time buyers – from 47 countries. A third of the buyers were millennials.
Stand-out lots included a black crocodile Hermès Kelly bag, which sold for €201,600, and an alligator Hermès Birkin, which sold for €176,400.