There are few things I enjoy more than poring over the lots in a new auction. When you’re already well-acquainted with what’s available in stores, a well-curated group of rare bags and accessories, culled from the world’s best-stocked closets, is the best way to get the thrill of the new.
Heritage Auctions already holds the record for selling the most expensive handbag of all time, a diamond-encrusted Birkin that sold for more than $200,000 in 2011. With the house’s upcoming Luxury Accessories Signature Auction, it may well break its own record with an ultra-rare, incredibly covetable Hermès Himalayan Crocodile Birkin, finished with diamond-encrusted hardware.
The whole trick of the luxury industry is to make consumers feel like they’re buying something rare when, in actuality, whatever we’re buying is almost certainly made in enormous quantities. As the industry expands, putting your hands on something unique gets harder and harder, which is why I took note of these Dolce & Gabbana Sicily Small Patchwork Exotic Bags at LUISAVIAROMA – they’re all one-of-a-kind.
For the highest tier of luxury brands, there’s nowhere to go but up. The world’s super rich just keep getting richer, and because the Internet has opened up access to the world’s finest clothing and accessories to a wider range of consumers, the stakes of one-upmanship among the yacht set are forever rising.