If you’ve found your way here, you’ve probably spent quite a bit of money on designer handbags in your life, and I’d venture a guess that not all of those bags are in your current rotation. It’s a problem I’ve had before – I buy something, I carry it and then it makes its way into retirement in the back of my closet when something else takes its place. Your bag doesn’t have to have that lot in life, though – there’s almost always someone out there who would love to add it to her collection, but finding that person can be tricky. How do you locate your customers? Easy: You consign your bag with Heritage Auctions.
Not only does Heritage already have a large audience of buyers who love luxury handbags and accessories (and jewelry, and wine, and…you get the idea), but the company makes the process of selling your bag simple and painless. To get the ball rolling, all you have to do is email a picture of the bag and its basic information (things like the brand, design name, year purchased and condition, for example) to Luxury@HA.com to get price estimates for both an auction-type listing and an outright sale listing. If you like what you see, you either drop your bag off (if you’re near a Heritage Auctions office) or send it in to Heritage headquarters, at which point those estimates are finalized.
That’s it. That’s all you have to do. For signature auction listings, your bag will be photographed and included in a print catalog that’s sent around the world to Heritage’s best clients, as well as displayed at in-person previews around the country. For weekly auctions, bidding starts at $1, which makes for fierce bidding competition. Either way, your bag gets put in front of Heritage’s client list of the most fervent collectors and bag lovers.
When your bag sells, you receive a check in about 45 days, and if you’re looking to fill the new gap in your collection with something else, Heritage Auctions can help you do that, too. When you use that money to make a purchase through Heritage, the auction house will cut your seller’s fee in half, making the purchase an even better deal. Plus, Heritage maintains relationships with a huge number of clients who buy and sell the most exclusive and sought-after bags in the world, so if you’re looking for something specific, the company can source it for you directly.
Having too many handbags is a great problem to have, as long as you know how to fix it. Luckily for all of us, Heritage Auctions does. Check out some of their recent sales below, and if you’re suddenly feeling the urge to clean out your closet, get more information about consigning with Heritage at ha.com.
Hermes Kelly Sellier 32cm in Rouge H Crocodile
Sold for $62,500 via Heritage Auctions
Judith Leiber Cupcake Minaudiere
Sold for $4,687.50 via Heritage Auctions
Chanel Classic Flap Bag in Alligator
Sold for $20,000 via Heritage Auctions
Hermes Matte Pink Alligator 35cm Birkin Bag
Celine Trapeze Bag in Snakeskin and Leather
Sold for $3,750 via Heritage Auctions