How Much Would You Pay for a Hermès Handbag?

If you intend to buy something for private collection and investment, would you choose a Hermès handbag? On 3 December 2021, Christie’s Hong Kong autumn auction closed with a total turnover of HK$3.8 billion, becoming the highest auction transaction record in Christie’s Asia history. In this “battle” of money, a Hermès Himalayan diamond 28cm Kelly bag set a new world record for handbag sales at auction. With an estimated price expected to range from HK$1,800,000 to HK$3,000,000, and sold for HK$4,000,000, and at the same auction, another Hermès Birkin bag was sold for HK$2,375,000. It is a fact that a Hermès handbag sold for more than a scroll belonging to the Empress Dowager Cixi of the Qing Dynasty (HK$1 million) or a rare Patek Philippe Dome watch (also HK$1 million). <a href="https://hkmoneymuseum.medium.com/how-much-would-you-pay-for-a-herm%C3%A8s-handbag-ee80da2621e5">Read More</a>