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Christie's luxury market report


Christie s luxury market report
The Most Expensive Handbag Sold at Auction: A Rare, Matte White Himalaya Niloticus Crocodile Retourné Kelly 25 with Palladium Hardware Hermès, 2019 Grade: 1. Price Realized (USD$) 437,555. © Christie s Images Ltd 2020.
NEW YORK
.- • There has been an accelerated shift to online sales with a 41% increase in luxury lots sold in online auctions; 82% increase in the number of luxury online sales, and a 205% increase in the value of online luxury sales YoY.
• Performance has been strong across all categories with an 87% overall sell-through for the portfolio; 136 records were set and 53 lots achieved over $1million. The year included multiple white-glove sales with 100% sell-throughs including A Wonderful Domaine de la Romanée-Conti Collection (December 5, Hong Kong); and Handbags Online: The London Edition (June 25, London). ....

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