• 94% SOLD BY LOT
• RECORD FOR A GUCCI BAG EVER SOLD AT AUCTION
  NEARLY 750 PARTICIPANTS WITH 25% NEW REGISTRANTS
• 38% OF BIDDERS UNDER THE AGE OF 40
• 60% OF THE LOTS SOLD ABOVE THEIR ESTIMATES

Paris - Christie's presented the Handbags Online: The Paris Edit sale, a selection of exceptionally rare and legendary bags, until 14 November. For the occasion, Christie's offered three exceptional and unique Made-to-Treasure Bamboo bags from Gucci each revisited with the finest techniques of Italian artistry, offering unique versions of the iconic handle standing for the house’s past, present and future. Coherently with the ethos of Gucci Vault, the brand’s experimental space in pursuit of precious wonders that go beyond the confines of time, Gucci has hand-picked and hand-crafted three spectacular rarities for Christie’s Handbags Online: The Paris edit.

The sale totalled €2,7 million | $2,8million. The highlight of the sale was a reinterpretation of Gucci's Bamboo bag, a unique collector's item reflecting the craftsmanship and spirit of Gucci's fine jewellery collection, with an 18-carat gold handle encrusted with 927 diamonds. The bag fetched €138,600, the highest price for a Gucci bag ever sold at auction. Gucci will donate the proceeds from the sale of the three Bamboo bags to Save Venice, the leading American non-profit organisation dedicated to preserving the artistic heritage of Venice, Italy.

Strong participation from around the globe with registrants from 55 countries and a strong turnout of under 40s (38%).

“We are thrilled with the results of The Paris Edit: Handbags Online. With a 94% sell through rate, the appetite for collectible handbags is very strong. We are delighted with the results of our collaboration with Gucci. A triumph of craftsmanship and luxury, each of the three unique Bamboo bags crafted by Gucci for Christie’s were acquired today at auction. The 18k Gold & Diamond Bamboo bag soared to new heights, achieving a new World Record Price for Gucci handbag sold at auction, and is crowned the most precious Bamboo bag ever created. Gucci has generously announced that they will donate the proceeds of the auction collaboration to Save Venice.” - Rachel Koffsky, SVP, International Head of Handbags at Christie’s.

“Paris stands as a pivotal hub for Christie’s Handbags category, cementing its position amidst a series of resoundingly successful sales since our return to the region in early 2022. The demand for exclusive handbags remains robust, and we are thrilled to continue offering the finest pieces to our expanding audience. Marking another milestone in our achievements, we are proud to have set a new record : the highest-priced Gucci bag ever sold at auction.” Lucile Andreani, Head of departement EMEA, Handbags & Accessories at Christie’s.

60% of the lots sold above high estimate:

• Hermès, shine black niloticus crocodile Birkin 25 with gold hardware (lot 206), sold €69,300 (estimate: €36,000 – 40,000)
• Hermès, matte chai alligator mini-Kelly 20 II with palladium hardware (lot 164), sold €63,000 (estimate: €35,000 – 40,000)
• Hermès, a limited-edition black calf box leather so black Birkin 35 with black pvd hardware (lot 207), sold €47,880 (estimate: €25,000 – 30,000)
• Hermès, an étain togo leather Birkin 25 with gold hardware (lot 113), sold €21,420 (estimate: €8,000 – 10,000)
• Hermès, an étoupe togo leather retourné kelly 25 with gold hardware (lot 156), sold €21,420 (estimate: €8,000- 10,000)
• Hermès, a mushroom togo leather birkin 30 with gold hardware (lot 137), sold €20,160 (estimate: €8,000 –

160,000)

• Hermès, a natural courchevel leather mini kelly 20 with gold hardware (lot 172), sold €16,380 (estimate:

€5000 –  7,000)

MOST NOTABLE LOT : 

Lot 3
GUCCI - A unique black leather Bamboo bag with 18k yellow gold handle and closure encrusted with 927 38k white diamonds
1960 X 2023
Sold: €138,600
Estimate: €150,000 - €200,000