Back
  • Press release
  • |
  • Hong Kong
  • |
  • For immediate release
  • |
  • 26 November 2022

Christie’s Hong Kong Handbags & Accessories Autumn Auction

ACHIEVED SALE TOTAL OF HK$45,886,680 / US$5,901,807

Hammer Price 107% Above Total Low Estimate

55% of Lots Surpassed Pre-Sale High Estimates

Louis Vuitton Trunks from a Prominent Japanese Collector 100% Sold

 

COMBINED SALE TOTAL OF HK$140 MILLION / US$18 MILLION

FOR 2022 IN ASIA

THE HIGHEST ANNUAL SALE TOTAL EVER FOR THE CATEGORY

GLOBALLY

 

Upholding Christie’s Worldwide Auction Market Leadership in

Offering the Most Coveted Handbags and Accessories

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:

Lot 3999

A LIMITED EDITION GOLD & ÉBÈNE ALLIGATOR QUELLE IDOLE WITH PALLADIUM HARDWARE

HERMÈS, 2021

Price realised: HK$945,000 / US$121,543

Lot 3856

A RARE, MATTE BÉTON ALLIGATOR, WHITE TOGO, SWIFT & SOMBRERO , ORANGE H & CRAIE SWIFT & BLEU BRUME CHÈVRE LEATHER FAUBOURG SELLIER BIRKIN 20 WITH PALLADIUM HARDWARE

HERMÈS, 2021

Price realised: HK$2,520,000 / US$324,114

Pre-sale low estimate: HK$1,400,000 / US$180,064

Lot 4025

A SPECIAL ORDER JAPANESE TEA CEREMONY DAMIER TRUNK

LOUIS VUITTON, 2006

Price realised: HK$567,000 / US$72,926

Image Download Link: please click here

About Christie’s

Founded in 1766, Christie’s is a world-leading art and luxury business. Renowned and trusted for its expert live and online auctions, as well as its bespoke private sales, Christie’s offers a full portfolio of global services to its clients, including art appraisal, art financing, international real estate and education. Christie’s has a physical presence in 46 countries, throughout the Americas, Europe, Middle East, and Asia Pacific, with flagship international sales hubs in New York, London, Hong Kong, Paris and Geneva. It also is the only international auction house authorized to hold sales in mainland China (Shanghai).

Christie’s auctions span more than 80 art and luxury categories, at price points ranging from $200 to over $100 million. Christie’s has sold 8 of the 10 most important single-owner collections in history, including the Paul G. Allen Collection—the most valuable collection ever offered at auction (November 2022). In recent years, Christie’s has achieved the world record price for an artwork at auction (Leonardo da Vinci’s Salvator Mundi, 2017), for a 20th century artwork (Andy Warhol’s Shot Sage Blue Marilyn, 2022) and for a work by a living artist (Jeff Koons’ Rabbit, 2019). 

Christie’s Private Sales offers a seamless service for buying and selling art, jewellery and watches outside of the auction calendar, working exclusively with Christie’s specialists at a client’s individual pace.

Recent innovations at Christie’s include the groundbreaking sale of the first NFT for a digital work of art ever offered at a major auction house (Beeple’s Everydays, March 2021), with the unprecedented acceptance of cryptocurrency as a means of payment. As an industry leader in digital innovation, Christie’s also continues to pioneer new technologies that are redefining the business of art, including use of hologram technology to tour life-size 3D objects around the world, and the creation of viewing and bidding experiences that integrate augmented reality, global livestreaming, buy-now channels, and hybrid sales formats. 

Christie’s is dedicated to advancing responsible culture throughout its business and communities worldwide, including achieving sustainability through net zero carbon emissions by 2030, and actively using its platform in the art world to amplify under-represented voices and support positive change.

Browse, bid, discover, and join us for the best of art and luxury at: www.christies.com or by downloading Christie’s apps. The COVID-related re-opening status of our global locations is available here.