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Handbags sales in paris total nearly €5m

The Unlocking the Orange Dream: Handbags from an Important Private Collection sale achieved a 100% sold, white-glove result, totaling €2.6M. The Handbags Online: The Paris Edit sale totaled €2.4M, with an impressive 95% sell-through rate


Paris  – WEBWIRE
© 2024 Christie’s Images Limited 
© 2024 Christie’s Images Limited 
  • A 100% sold by lot, white-glove sale that reflects the prestige of this European collection
  • Strong resutls highlighting the grow demand for luxury handbags
  • 874 registrants, including 171 new participants, reflecting the expanding reach of the clientele
  • Average age of buyers: 46, demonstrating a dynamic market


Christie’s presented two prestigious online sales of luxury handbags: Unlocking the Orange Dream: Handbags From an Important Private Collection, featuring a European private collection of 200 pieces, primarily by Hermès, andHandbags Online: The Paris Edit, offering a curated selection of Hermès bags alongside iconic pieces from other top maisons such as Chanel, Louis Vuitton, and Dior.

Together, the two sales achieved nearly €5 million, with an impressive 98% sell-through rate, including 67% of lots surpassing high estimates. The sales attracted 532 buyers and bidders from 49 countries.

The highlight of this series was Unlocking the Orange Dream, which achieved in €2.6 million. This marked the third collection sale organized by the Handbags & Accessories department at Christie’s, and the second one held in Paris. It showcased the exceptional quality of the pieces and the growing global demand for high-end handbags, further solidifying Christie’s unique position in presenting rare collections across Europe. Additionally, Handbags Online: The Paris Edit also performed strongly, totaling €2.4 million with a 95% sell-through rate. These sales saw great success with an international audience, drawing 874 registrants and 171 first-time participants.

“The strong results of these two sales, both in terms of sell-through rates and the number of registered bidders from around the globe, highlight the growing enthusiasm for exceptional handbags. They also reaffirm Christie’s leadership in the sale of private collections, not only for handbags but across more traditional art market categories as well" said Lucile Andreani, Head of Handbags & Accessories, Christie’s Europe and Middle East.

Unlocking the Orange Dream: Handbags From an Important Private Collection
Total sale: €2.6M
100% of lots sold
Estimate range: €1.7M – €2.2M

Handbags Online : The Paris Edit
Total sale: €2.4M
95% of lots sold
Estimate range: €1.8M – €2.4M

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About Christie’s

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.


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