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  • Press release
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  • Hong Kong
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  • For immediate release
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  • 31 May 2017

RESULTS: Handbags & Accessories auction in Hong Kong totalled HK$37,493,750/US$4,836,701

NEW WORLD RECORD PRICE ACHIEVED FOR ANY HANDBAG SOLD AT AUCTION

AN EXCEPTIONAL, MATTE WHITE HIMALAYA NILOTICUS CROCODILE DIAMOND BIRKIN 30 WITH 18K WHITE GOLD & DIAMOND HARDWARE, HERMÈS, 2014

Hong Kong – Christie’s Handbags & Accessories Spring Sale totalled HK$37,493,750/US$4,836,701.

The top lot of the sale (illustrated above) was an Exceptional, Matte White Himalaya Niloticus Crocodile Diamond Birkin 30 with 18K White Gold & Diamond Hardware, Hermès, 2014, achieving HK$2,940,000/ US$379,261 against its pre-sale estimates of HK$ 1,500,000 - HKD 2,000,000/ USD 193,432 - USD 257,909, and setting a new world record price for any handbag sold at auction.

Winsy Tsang, Head of Sale, Handbags & Accessories, Christie’s Hong Kong, commented: “With 93% sold by value and 91% by lot, we are delighted to report yet another strong season of auctions for handbags, culminating in a world record for the Himalaya Birkin. The diverse buying crowd in the saleroom, ranging from young enthusiasts to connoisseurs, proves that we were spot-on with our strategic sourcing approach resulting in a hugely successful sale that appeals to a wide spectrum of clients. We look forward to our sales later next month in London and New York.”

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. In recent years, Christie’s has achieved the world record price for an artwork at auction (Leonardo da Vinci’s Salvador Mundi, 2017), for a single collection sale (the Collection of Peggy and David Rockefeller, 2018), 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 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.