Hermès paces Heritage Auction $5M luxury accessories sale

Hermes matte Bougainvillea porosus crocodile Birkin bag with palladium hardware brought $106,250. Heritage Auctions image.

LOS ANGELES – Hermès lead the day at Heritage Auctions’ inaugural, $5-plus million Beverly Hills Luxury Accessories event as a Matte Bougainvillea porosus crocodile Birkin with palladium hardware brought $106,250 and a shiny blue electric porosus crocodile Birkin bag with palladium hardware brought $87,500. The Sept. 23 event gives Heritage the distinction of having sold the Top 10 most valuable Hermès Birkins ever offered at auction.

LiveAuctioneers.com provided Internet live bidding.

The fresh auction concept combined the world’s most desirable bags and fine contemporary designer jewelry at Heritage’s Beverly Hills location.

“Our auction marked Heritage’s grand Beverly Hills luxury debut and it certainly surpassed our expectations,” said Matt Rubinger, director of luxury accessories at Heritage. “Judging by the results, it’s clear our clients were pleased as well over the opportunity to own these rare bags now rather than waiting for years through traditional outlets.”

Hermes rarities were in high demand as and a Hermès special order horseshoe 35cm shiny blue electric and indigo porosus crocodile Birkin bag with gold hardware fetched $81,250. A rare light Mimosa porosus crocodile skin Hermes 40cm Birkin bag with palladium hardware surpassed its estimate when it sold for $75,000.

Among the fine jewelry selection a Tiffany & Co. sapphire diamond platinum ring, sporting an 8.94-carat Burmese sapphire, realized $118,750 to take the auction’s top lot honor. Additional highlights include a stunning 5.04-carat diamond platinum ring, which brought $68,750, and the Helen Necklace, a diamond gold and silver work designed by Yossi Harari, which sold for $46,875. A Pomellato diamond gold bracelet crossed the block for $35,000.