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Press Release - December 11, 2014

Hermès 25cm Himalayan Nilo Croc Birkin brings $121,875 to lead $2.8+ million Luxury Accessories Holiday Auction

Dec. 8-10, 2014, at Heritage Auctions in Dallas; World record prices realized for leather Birkin bag at $32,500 and for a Kelly bag at $25,000

Hermes Himalayan Birkin handbag
DALLAS — A stunning Hermès 25cm Matte White Himalayan Nilo Crocodile Birkin Bag with Palladium Hardware realized $121,875 on Dec. 8, 2014, as the top lot in Heritage Auctions' $2.8+ Million Holiday Luxury Accessories Signature® Auction, leading the 5000+ lot event at Heritage's Dallas Design District Annex.

"The luxury re-sale market continues to show incredible strength," said Kathleen Guzman, a Managing Director at Heritage Auctions. "Demand was high and prices were strong across the board, especially as evidenced in the $120,000+ price realized by our top lot. Hermès, the most exclusive handbag atelier in the world, maintained its post atop the luxury accessories pyramid, dominating the top 10 prices realized in the auction and setting a few records along the way."

An Hermès Extraordinary Collection 30cm Diamond, Shiny Black Porosus Crocodile Birkin Bag with 18K White Gold Hardware finished the day at $87,500, while a superb Hermès Extraordinary Collection 35cm Diamond, Shiny Braise Porosus Crocodile Birkin Bag with 18K White Gold Hardware proved very desirable to a high-end collector at $78,125.

Flirting with the $70,000 mark was an Hermès 35cm Matte Pink 5P Alligator Birkin Bag with Palladium Hardware, which rose to $68,750, a mark equaled by an Hermès Special Order Horseshoe 35cm Shiny Amethyst & Graphite Porosus Crocodile Birkin Bag with Gold Hardware.

A world record price was realized for an Hermès leather Birkin when a 30cm Marron Fonce Clemence Leather Birkin Bag with Gold Hardware, considered by collectors as perhaps the perfect starter Birkin for a collector, broke the previous mark of $30,000 to finish the auction at $32,500. An Hermès Special Order 32cm Vert Cru, Jaune & Blue Thalassa Clemence Leather Retourne Kelly with Gold Hardware set a world record price for a Kelly bag when it realized $25,000

Further highlights include, but are not limited to:

Hermès Special Order Horseshoe 35cm Shiny Graphite & Ardoise Porosus Crocodile Birkin Bag with Palladium Hardware: Realized $57,813.

Hermès 40cm Shiny Blue Electric Porosus Crocodile Birkin Bag with Palladium Hardware: Realized $53,125.

Hermès 35cm Shiny Rose Scheherazade Porosus Crocodile Sellier Kelly Bag with Palladium Hardware: Realized $46,875.

Hermès Limited Edition 35cm Veau Doblis Suede & Mouton Shearling Kelly Bag with Palladium Hardware: Realized $35,000.

Hermès 28cm Blue Roi Ostrich Sellier Kelly Bag with Palladium Hardware: Realized $32,500.

Hermès 35cm White Epsom Leather Birkin Bag with Palladium Hardware: Realized $18,750.

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