The auction of Christie's Handbags & Accessories held at Hong Kong it totaled US$5.537.401, with a very robust sale rate of 92% by lot and 95% by value. Nearly 50% of lots sold beyond the highest estimates. The dynamic waiting room attracted animated offers from 20 countries across 5 continents across all sales channels.
The highlight of the sale was A RARE, MATTE WHITE HIMALAYA NILOTICUS CROCODILE RETOURNÉ KELLY 28 WITH PALLADIUM HARDWARE, HERMÈS, 2015 which fetched $208,644, more than doubling its low estimate of $77,038.
Lots that sold more than tripling their low estimates included A LIMITED EDITION MULTICOLOR SWIFT LEATHER ONE TWO THREE AND WE GO BIRKIN 25 WITH PALLADIUM HARDWARE, HERMÈS, 2018, sold for $44,939 against its low estimate of $12.840; A THAT IDE WITH SAKURA RED PALLADIUM RARE PINK, SOGO HONG KONG 2010 LIMITED EDITION, HERMÈS, 2010 realizing $48.449 against its low estimate of $8.988.
Other notable findings include A RARE, POLISHED OMBRÉ SALVATOR LIZARD BIRKIN 25 WITH GOLD HARDWARE, HERMÈS, 2007 for $60,988, up past its low estimate of $23,111; A GLOSSY BLACK POROUS CROCODILE SELLIER MINI KELLY 20 WITH GOLD HARDWARE, HERMÈS, 1994 that realized $56,173, more than doubling its low estimate of $19,259.
Lots that sold double their low estimates included A LIMITED EDITION MULTICOLOR MULTIPLIER, POLISHED IZMIR ALUMINUM & STERLING SILVER STROMBOLI Á PLUMES, HERMÈS, 2016 which fetched US$25.679 against its low estimate of US$12.840 (in cover photo).
A LIMITED EDITION SWIFT MULTICOLOR LEATHER ON A 24 SUMMER DAY CONSTANCE WITH PALLADIUM HARDWARE BY NIGEL PEAKE, HERMÈS, 2017 sold for $16.050 against its low estimate of $7.704.
Winsy Tsang, Head of Sale, Handbags & Accessories, Asia, commented: “We are delighted to see very intense global competition this season, not only for the Holy Grail Himalaya Kelly but also for limited edition and vintage bags, with half of the lots selling above their high estimates. These remarkable achievements demonstrate the strong market knowledge and diverse appetite for collectible handbags, particularly in Asia. We look forward to continuing this great momentum with our ongoing online sale now and also at the live auction in London next month. “
