If you thought for one second that the lockdown has people chilling in sweatpants, and not in the least bothered about shopping and luxury accessories, think again! Collectors are having a field day with online exhibits in art, wine and believe it or not fashion accessories.
Christie’s online sale tilted 'Handbags & Accessories: Summer in the City' proves just that. The New York sale which took place from the 14-28 July totalled at $2,266,750, achieving the highest total for an online Handbags sale at Christie’s, with 88 percent sold by lot and 117 percent hammer compared to the low estimate. There was global participation with registered bidders from 29 countries and the sale attracted over 40 percent first-time registrants and 34 percent new bidders.
The top lot of the sale was an extremely rare Hermès Diamond Himalaya Birkin 25—the first-ever offered in a New York online sale—which realised $300,000, setting a new record for a handbag sold in the U.S. and the highest price achieved for a handbag sold in any online-only auction.
Other notable results included a rare matte white Hermès Himalaya Birkin 30, which sold for $150,000; a delightful Hermès Mini Picnic Kelly 20 II that sold for $56,250; and a highly sought after limited-edition Hermès Bleu Marine Faubourg Birkin 20, which sold for $200,000 against a low estimate of $80,000. Additionally, strong prices were achieved for artist collaborations, Chanel runway accessories, and Louis Vuitton Virgil Abloh designed limited edition pieces.