Hong Kong – On 26 November, Christie’s Handbags and Accessories live auction achieved HK$45,886,680 / US$5,901,807, with a hammer price of 107% over total low estimate and 55% of lots surpassing pre-sale high estimates.
A collection of Louis Vuitton Trunks from a Prominent Japanese Collector was 100% sold. The lively saleroom saw strong global participation from 22 countries across 4 continents, 39% of lots sold via Christie’s LiveTM, and of new buyers to Christie’s, 54% were millennials.
Winsy Tsang, Head of Department of Handbags & Accessories, Christie’s Asia Pacific, commented, “Today’s results mark a record year for Christie’s handbags and accessories auctions in Asia, and we are honoured to continue our international leadership for the category. This outstanding season has proven the enduring appeal of the finest luxury handbags, as well as the rapidly growing demand for the rarest and most magnificent trunks. Outstanding results were achieved for impeccable designs from Hermès, and we are delighted to have sold the entire collection of Louis Vuitton trunks from a prominent Japanese collector. Our curation for this sale was a true celebration of craftsmanship, creativity and the finest materials, and it was such a joy to witness spirited bidding from collectors worldwide with a passion and a deep appreciation for the exquisite items presented.”
Stunning prices were achieved for celebrated designs, including:
A LIMITED EDITION GOLD & ÉBÈNE ALLIGATOR QUELLE IDOLE WITH PALLADIUM HARDWARE
Price realised: HK$945,000 / US$121,543
A RARE, MATTE BÉTON ALLIGATOR, WHITE TOGO, SWIFT & SOMBRERO , ORANGE H & CRAIE SWIFT & BLEU BRUME CHÈVRE LEATHER FAUBOURG SELLIER BIRKIN 20 WITH PALLADIUM HARDWARE
Price realised: HK$2,520,000 / US$324,114
Pre-sale low estimate: HK$1,400,000 / US$180,064
A SPECIAL ORDER JAPANESE TEA CEREMONY DAMIER TRUNK
LOUIS VUITTON, 2006
Price realised: HK$567,000 / US$72,926
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