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December 12, 2018

Christie's Handbags & Accessories Auction Achieves A European Record For A Handbag Sold At Auction - London, 12 December 2018

 

Christie’s London Handbags & Accessories Auction

Totals £2,936,500 / $ 3,670,625 / €3,236,023

 European Record Achieved For A Handbag Sold At Auction

London – On 12 December 2018 Christie’s Winter Season Luxury sales in London concluded with the Handbags & Accessories auction, which totalled £2,936,500 / $ 3,670,625 / €3,236,023, and achieved sell-through rates of 93% by lot and 89% by value. The leading lot of the sale was a 2010 Hermès, Matte Himalaya Niloticus Crocodile Birkin 35 with 18k White Gold & Diamond Hardware (estimate: £100,000–150,000), which sold for £236,750 / $295,938 / €260,899 and established a European record for a handbag sold at auction*. An additional sale highlight was an extremely rare aluminium Explorer Trunk by Louis Vuitton, which realised £162,500 / $203,125 / €179,075. Dating to 1892, this extraordinary trunk was created at a time when the production of aluminium was so complex it was more expensive than gold, and as a result only a very small quantity of aluminium trunks were crafted. These trunks were coveted by explorers and high-society alike due to their durability, weight and rarity.

Rachel Koffsky, Christie’s Head of Sale, Handbags & Accessories London: “We are delighted with the results of today’s auction, including two record breaking lots; an Exceptional Diamond Himalaya Birkin in the 35 size and an Aluminium Louis Vuitton Explorer trunk. The overall sell-through rate, 93% by lot, demonstrates the appetite of collectors for these sought-after iterations. We are happy to conclude a year of successful sales in the Handbags & Accessories department at Christie’s with these phenomenal results.”

Further exceptional prices were achieved throughout the auction, including the 2017 Hermès Quelle Idole (estimate: £35,000-40,000), which sold for £68,750 / $85,938 / €75,763. Also known as the Kelly Doll, this Custom Quelle Idole in an exotic is an extremely rare iteration, crafted of matte alligator and accented with swift leather. Released in 2000 in celebration of the millennium, and designed in collaboration with then-Chairman Jean-Louis Dumas, the Quelle Idole immediately took the handbag world by storm. Discontinued for a generation, the Quelle Idole has become one of the most sought-after limited edition pieces.

Please find the full results of the Handbags & Accessories here.

Posted at 01:38 PM in Luxury, Luxury Gift |

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  • "It is impossible to overdo luxury. Give us the luxuries of life, and we will dispense with its necessaries. Easy to say, hard to be able to do unless you know the Guru of Luxury, Lorre White. I have traveled to many countries with Lorre and she really knows luxury. When she is not around me, I always watching Lorre’s videos and I read Lorre’s blog to keep up on what is new in the luxury market." Princess Victoria London

    "Lorre White is a great expert source for luxury knowledge and insights. She is also a great connector in the luxury industry." Milton Pedraza, CEO, Luxury Institute, LLC The Wealth Report

    "Lorre's take on the Luxury market is refreshing and frankly very much needed. Her stance on luxury as a "quality of life" vs. gluttonous amassing of quantity couldn't possibly be a timelier message given the times we live in." Michael, eVelvet Rope media, owner

    "Lorre is ground breaking and creative and brings a unique and much needed luxury reach to the web with her timely Luxury Channel on iTunes & her LuxGuru blog. Now anyone in the world can watch." Peter M. Deeb, Chairman, Hampton & Cie SA (Suisse)

    "I love working with Lorre, as she is truly unique expert in her field. She has a vast experience of luxury market and a very impressive international network. She knows the best luxuries by living her life in luxury." Mervi Sippola, Luxury Consultant, Monaco

    "I have been a client of Lorre and White Light Consulting about the US expansion plans for Flow, an endurance drink for golfers. I am always impressed with her marketing ideas, professionalism and amazing international contacts." Marko Sjoblom , Flow Owner, Finland/Monaco

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