This Hermès multicolour limited edition Nigel Peake Birkin bag from 2018 is estimated to sell for US$35,000 to US$40,000 at Sotheby’s online December sales. Photo: Sotheby’s This Hermès multicolour limited edition Nigel Peake Birkin bag from 2018 is estimated to sell for US$35,000 to US$40,000 at Sotheby’s online December sales. Photo: Sotheby’s
This Hermès multicolour limited edition Nigel Peake Birkin bag from 2018 is estimated to sell for US$35,000 to US$40,000 at Sotheby’s online December sales. Photo: Sotheby’s
Luxury in China

Luxury online resale market soars as wealthy buyers go on spending spree

  • Christie’s, Sotheby’s and 1stDibs have seen large jumps in year-on-year sales figures as the pandemic alters buyer behaviour
  • Buyers’ price threshold has also shot far beyond expectations, with more people willing to splash out on super expensive items

Topic |   Luxury in China
This Hermès multicolour limited edition Nigel Peake Birkin bag from 2018 is estimated to sell for US$35,000 to US$40,000 at Sotheby’s online December sales. Photo: Sotheby’s This Hermès multicolour limited edition Nigel Peake Birkin bag from 2018 is estimated to sell for US$35,000 to US$40,000 at Sotheby’s online December sales. Photo: Sotheby’s
This Hermès multicolour limited edition Nigel Peake Birkin bag from 2018 is estimated to sell for US$35,000 to US$40,000 at Sotheby’s online December sales. Photo: Sotheby’s
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