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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

Christie’s, the world's leading art business, had auction sales in 2019 that totalled £4.5 billion / $5.8 billion. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and international expertise. Christie’s offers around 350 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie's also has a long and successful history conducting private sales for its clients in all categories, with emphasis on Post-War & Contemporary, Impressionist & Modern, Old Masters and Jewellery.

Alongside regular sales online, Christie’s has a global presence in 46 countries, with 10 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Dubai, Zürich, Hong Kong, and Shanghai.

*Please note when quoting estimates above that other fees will apply in addition to the hammer price - see Section D of the Conditions of Sale at the back of the sale catalogue.

*Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and are reported net of applicable fees.