LONDON – Christie’s Handbags Online: The London Edit (9 to 23 November) realised a total of £2,999,750 / $4,067,661 / €3,503,708, achieving sell-through rates of 100% by value, and 99% by lot. The sale set a record total for an online Handbags auction at Christie’s, demonstrating the strength of the market and demand for the most collectable handbags. The auction welcomed bidders from 30 countries, across 5 continents, and 28% of registrants were new to Christie’s.
The top lot of the sale was a rare Matte Béton Alligator, White Togo & Swift Leather Faubourg Sellier Hermès Birkin 20 (estimate: £80,000 – 100,000), which realised £225,000 / $305,100 / €262,800. A new colourway for 2021 and released in very limited numbers, this was the first time a white Faubourg Sellier had been offered at auction at Christie’s. A rare Matte Bleu Marine Alligator, Orange Swift & White Epsom Leather Faubourg Sellier Birkin 20 (estimate: £60,000 – 80,000) achieved £137,500 / $186,450 / €160,600. The style is modelled after the façade of the Hermès flagship at 24 Rue du Faubourg Saint-Honoré, complete with orange awnings and a clochette designed after the house's iconic orange shopping bag.
Further highlights of the auction included a Himalaya Kelly 25 (estimate: £60,000 – 80,000), which sold for £112,500 / $152,550 / €131,400 and a Fauve Barénia & Bog Oak Kellywood 22 (estimate: £60,000 - 80,000), which achieved £112,500 / $152,550 / €131,400.
The auction season continues with Handbags & Accessories in Hong Kong on 26 November and Handbags x HYPE: The Luxury Remix, a New York online auction open for bidding from 24 November to 9 December.
Please find the full results of the sale here.
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