3 Herm¬s Handbags Fetch $73K Each at Christie's Auction

The video discusses a recent auction featuring luxury handbags, primarily Hermes Birkins, highlighting their exclusivity and investment potential. It covers the auction results, including high-value sales and unsold items, and delves into the dynamics of the secondary market, addressing concerns about authenticity and market trends.

What was the price of the rare Hermes Birkin bags mentioned in the auction?

• $50,000

• $73,000

• $9,700

• $1,000

Which type of bag was highlighted as a personal favorite due to its unique color combination?

• Tricolor Ostrich Birkin

• LV Louis Vuitton

• Shiny Black Alligator Chanel

• Blue Alligator Birkin

What was the estimated price range for the unsold LV Louis Vuitton bag?

• $50,000 to $70,000

• $5,200 to $5,700

• $1,000 to $1,500

• $9,700 to $10,000

What is a major concern when purchasing luxury handbags from the secondary market?

• Risk of fakes and fraud

• Limited color options

• High prices

• Long waiting lists

What is a common justification for purchasing luxury handbags, as mentioned in the transcript?

• They are easy to acquire

• They are fashionable

• They are investment pieces

• They are affordable