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  • Press release
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  • Hong Kong
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  • For immediate release
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  • 17 October 2017

MEDIA ALERT: The Most Valuable Handbag in the World - "The Mouawad 1001 Nights Diamond Purse"

Now on view in Christie's Hong Kong 17 – 20 Oct 2017

To be offered at Private Sale

Designed by renowned jeweller, Robert Mouawad

First offered at the original price of US$3.8 million in 2010

Incorporates 4,517 diamonds (105 yellow, 56 pink and 4,356 colourless) with a total weight of 381.92 carats

Hand-crafted by te highly skilled artisans working for a total of 8,800 hours

In 2010 the Guiness World Records certified the piece as the most valuable handbag in the world

Hong Kong – Christie’s is honored to offer the 1001 Nights Diamond Purse by internationally famed jeweler Robert Mouawad, which holds the world record for the most valuable handbag ever produced with an original price of US$3.8 million in 2010.

Taking its inspiration from one of the world’s most epic tales of romance, intrigue, and fantasy, the Mouawad 1001 Nights Diamond Purse incorporates 4,517 diamonds (105 yellow, 56 pink, and 4,356 colorless) with a total weight of 381.92 carats. This bejeweled masterpiece was hand-crafted by ten highly skilled artisans working for a total of 8,800 hours. In 2010 the Guinness World Records certified the piece as the most valuable handbag in the world.

This one-of-a-kind handbag will be sold through Private Sales and will be exhibited in the gallery of Christie’s Hong Kong until 20 Oct 2017, followed by a tour to Christie’s Geneva from 9 – 13 November before going to London.

Exhibition Information:

Date: 17 – 20 October 2017

Time: 10:30am – 5:30pm Location: 22/F, Alexandra House, 18 Chater Road, Central, Hong Kong

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From now till 26 Oct 2017, Christie’s Hong Kong is also offering Christie’s Handbags Online: The Daily Collector, for handbag and accessories collectors and connoisseurs to purchase exquisite pieces from various luxury brands including Hermès, Chanel, Louis Vuitton, Gucci, Christian Dior, Fendi, Bottega Veneta and many more, in an attractive price range from HK$5,000 to 160,000.

Sale Information

Website: https://onlineonly.christies.com/s/christies-handbags-online-daily-collector/categories/391

Bidding until: 26 Oct 2017

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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.