Press Release - December 11, 2012

Hermes Rules at Largest Luxury Accessories Auction Ever: $3.2 Million

$122,500 Diamond Birkin handbag leads Dec. 4 Heritage Auctions event in Dallas

DALLAS — An Hermès 35cm Diamond, Black Crocodile Birkin with 18K White Gold Hardware brought $122,500 — retaining its title as one of the most exclusive handbags on the entire planet — to lead Heritage Auctions' Dec. 4 Holiday Handbags & Luxury Accessories event. The auction brought $3.2+ million as bidders all over the world sought to own an example from the largest grouping of Hermès ever offered at auction.

"We are thrilled with the response," said Matt Rubinger, Director of Luxury Accessories at Heritage Auctions. "This was the single finest grouping of its kind at auction and bidders zeroed in on the quality and the rarity in the lots. Our luxury events are growing every year and this auction sets the bar that much higher."

Hermès rarities ruled the day, claiming more than a dozen top lot honors in the 942-lot auction. A rare 30cm Shiny Violet Porosus Crocodile Birkin Bag with Palladium Hardware sold for $74,500 while a 30cm matte Havana Nilo Crocodile Birkin Bag with Palladium Hardware brought $65,500. An extremely rare 40cm Matte Amethyst Porosus Crocodile HAC Birkin Bag with Palladium Hardware sold for 62,500 and a 32cm Shiny Rouge H Caiman Crocodile Sellier Kelly Bag with Gold Hardware also brought $62,500.

Further Hermès highlights include a 35cm Shiny Violet Porosus Crocodile Birkin Bag with Gold Hardware, which brought $56,250, a 35cm Matte Ciel Alligator Birkin Bag with Palladium Hardware selling for $56,250 and an extremely rare 35cm Shearling Kelly Bag with Palladium Hardware, which brought $32,500.

Other top designer name handbags brought impressive prices as well. A Chanel Matte Jaune Yellow Crocodile Jumbo Flap Bag brought $20,000, a Chanel Shiny Red Crocodile Jumbo Single Flap Bag with Gold Hardware sold for $17,500, a Chanel Limited Edition Matte Black Crocodile Paris-Biarritz Oversize Travel Bag sold for $17,500, and a Kieselstein Cord Shiny Black Crocodile Large Trophy Bag with Gold Crocodile Hardware sold for $13,125.

Additional highlights include, but are not limited to:

A Gucci Stunning Solid 18K Yellow Gold & Diamond Minaudiere Evening Bag with Interchangeable Multicolor Tassels sold for $40,000.

A Louis Vuitton 18K Yellow Gold World Travel Charm Bracelet with Lock, Key and Twelve Diamond, Onyx, Lapis & Topaz Charms sold for $31,250.

A Van Cleef & Arpels Stunning 18K Yellow Gold & Diamond Basket Weave Evening Bag brought $27,500.

A Louis Vuitton Stunning Damier Canvas Oversize Wardrobe Trunk with Burnt Orange Alcantra Interior sold for $13,750.

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764,701 bidder-members
$898,628,086 sold in the last year

 

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