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 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

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
READ FULL ARTICLE