Hermes Kelly bag sells for file value at Sotheby’s public sale

A Hermes purse fetched a file value for a Sotheby’s public sale, the most recent 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 offered for €352,800 ($538,755) in a Paris public sale that ended on Thursday, Sotheby’s stated.

The crocodile-skin purse in mother-of-pearl white, paying homage to a snowy mountain panorama, offered for nearly thrice Sotheby’s pre-sale estimate.

The Hermes Himalaya Retourne Kelly 25 bag offered for $538,755.

This mannequin is considered as a “actual funding for the long run”, stated Morgane Halimi, world 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 value, she stated.

The bag, manufactured this 12 months, value “a couple of tens of 1000’s” of euros at retail, she stated.

Grace Kelly carries her famous Hermes bag with her daughter Caroline in 1958.

Grace Kelly carries her well-known Hermes bag together with her daughter Caroline in 1958.Credit score:AP

The Kelly began out as Hermes’ “sac a depeches” within the Thirties, however acquired its nickname (and, later, official moniker) after Princess Grace Kelly was photographed carrying one in 1956.

The file value for a luxurious bag at public sale continues to be held by Christie’s, the Francois Pinault-owned public sale home, which offered a Himalaya Retourne Kelly bag for 4 million Hong Kong {dollars} ($793,668) final November. That one featured diamond {hardware} and was barely greater.

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 stated.

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