Inside Karl Lagerfeld’s US$13.5 million estate sale: the late Chanel and Fendi designer’s gloves, personal items and Rolls-Royce cars smashed all auction estimates – in pictures
- Hundreds of the fashion icon’s personal items went under the hammer in Monaco at Sotheby’s much-anticipated Karl Lagerfeld’s Estate Part I – raising four times estimates
- This included more than 200 of his trademark fingerless lambskin Chanel gloves, while three Rolls-Royce motors sold for more than US$1.3 million combined – take a closer look below
Karl Lagerfeld’s influence on the world of fashion is hard to overestimate, so it’s perhaps only natural the first estate sale of the iconic designer’s possessions also surpassed all expectations.
Lagerfeld, who died in 2019, was a creative director, fashion designer, and artist known for his work with luxury labels Chanel and Fendi.
His fame and legacy brought a lot of attention to his estate sale held this month in Monte Carlo, Monaco, with many pieces collecting well above expectations, according to number-crunchers at Bloomberg.
Most notably were three Rolls-Royce cars that sold for US$1.33 million, including a 2017 Phantom Drophead Coupé convertible that sold within estimates for US$423,132.
However, the car failed to sell during the live auction due to a technical glitch, according to Sotheby’s spokesperson Peter Haynes, but was successfully relisted and sold the following day.
The other two luxury cars sold well above estimates, including the 2018 Phantom that collected a whopping US$491,263, nearly US$50,000 above expectations.
Meanwhile, the 2019 Cullinan hammered US$416,278, which was US$22,000 above the highest estimate.