Luxury Online:Designer Handbags and Fashion
Bonhams - Nov. 26th, 2025 - Hong Kong
Luxury Online:Designer Handbags and Fashon
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Key Insights
- Hermès Hegemony Defines Market Value: Hermès single-handedly commanded the auction, generating over 90% of the total hammer price and underscoring its unparalleled status as an investment-grade asset. The top-heavy nature of the sale, where the ten highest-value lots accounted for over 51% of the total hammer price, was led by pieces like the Himalaya Retourne Kelly 28 (Lot 1212), reaffirming that while the mid-market is active, the auction’s financial success hinges on competition for a few "trophy" bags.