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RESULTS: Handbags & Accessories auction in Hong Kong totalled HK$41,017,375 / US$5,312,065

Jewellery, Watches & Handbags

Hong Kong APAC 30 November 2016

Hong Kong – Christie’s Handbags & Accessories Autumn Sale totalled HK$41,017,375/US$5,312,065.

The top lot of the sale set a new world auction record, realising HK$2,460,000/US$318,589. Named “Leather Forever Japan Star Bags”, this lot comprises 8 miniature handbags of Hermès iconic models: Birkin, Bolide, Constance, Faco, Farming, Kelly, Roulis and Toolbox. This extraordinary collection was previously displayed in the Tokyo National Museum where Hermès housed its successful traveling exhibition, “Leather Forever”, in 2014.

Other highlights of the season include, a one-of-a-kind Passe-Guide Star Bag by Hermès, previously showcased in the “Leather Forever” exhibition in Hong Kong in 2014, sold for HK$ 500,000 /US$64,754; and an exceptional, shiny black Porosus Crocodile Diamond Sellier Kelly 25 with 18K White Gold & Diamond Hardware by Hermès, which realised HK$ 1,125,000/US$145,696.

Matthew Rubinger, Senior Vice President & International Director, Handbags & Accessories, Asia & EMERI, commented: “Further to our record-breaking sale this Spring, we are delighted to set another auction record for the unique “Leather Forever Japan Star Bags”collection. The strong sell-through rates were generated from active in-room, phone and online bidding, predominantly by Asian buyers. The successful sale reflects our strategy of sourcing only the most exquisite and rarest handbags and accessories that appeal to both new buyers and established collectors.”

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Founded in 1766, Christie’s is a world-leading art and luxury business with a physical presence in 46 countries throughout the Americas, Europe, Middle East, and Asia Pacific, and flagship   international sales hubs  in New York, London, Hong Kong, Paris and Geneva. Renowned and trusted for our expert live and online-only auctions, as well as bespoke Private Sales, Christie’s unparalleled network of specialists offers our clients a full portfolio of  global services, including art appraisal, art financing, international real estate and education. Christie’s  auctions span more than  80 art and luxury categories, at price points ranging from $500 to over $100 million. Christie’s has sold 7 of the 10 most important single-owner collections in history, achieved the world record price for an artwork at auction, launched the first  fully on-chain auction platform dedicated to exceptional NFT art and manages an investment fund to support innovative startups in the art market. Christie’s is also committed to advancing  responsible culture  throughout its business and communities worldwide. To learn more, browse, bid, discover, and join us for the best of art and luxury at christies.com or by downloading Christie’s apps.

* 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.