A Hermes purse fetched a file worth for a Sotheby’s public sale, the newest proof that uncommon luxurious objects are more and more seen as shops of worth by buyers and rich consumers.
The Himalaya Retourne Kelly 25 bag bought for €352,800 ($538,755) in a Paris public sale that ended on Thursday, Sotheby’s mentioned.
The crocodile-skin purse in mother-of-pearl white, paying homage to a snowy mountain panorama, bought for nearly thrice Sotheby’s pre-sale estimate.
This mannequin is considered as a “actual funding for the long run”, mentioned Morgane Halimi, international head of purses and equipment at Sotheby’s. It’s additionally “one of many hardest baggage to acquire” in a Hermes boutique, serving to to clarify its resale worth, she mentioned.
The bag, manufactured this 12 months, price “a number of tens of hundreds” of euros at retail, she mentioned.
The Kelly began out as Hermes’ “sac a depeches” within the Thirties, however obtained its nickname (and, later, official moniker) after Princess Grace Kelly was photographed carrying one in 1956.
The file worth for a luxurious bag at public sale remains to be held by Christie’s, the Francois Pinault-owned public sale home, which bought a Himalaya Retourne Kelly bag for 4 million Hong Kong {dollars} ($793,668) final November. That one featured diamond {hardware} and was barely larger.
Christie’s is holding a sale starting on November 3 that can embrace a Himalaya Sellier Kelly 25 bag, additionally manufactured this 12 months, a consultant mentioned.