By Jackie Bender September 25, 2014 courtesy of Crain’s Chicago Business
Handbags are becoming hot collectibles and investment pieces, especially vintage bags by Hermes, which limits the number it produces each year. On Sept. 29, Leslie Hindman Auctioneers will have several of the bags on the auction block at its September Luxury Accessories and Vintage Fashion auction.”Hermes has always controlled the supply. You can’t just walk in and get a Birkin,” says Luxury Accessories and Vintage Fashion Director Yanet Ramirez. “People treat them like works of art.” Prices for these vintage bags, which are usually in pristine condition, go up each year. “In general, Hermes Birkin bags get top dollar,” she says.
Here, in the slideshow above, she identifies the 10 most notable highlights of the auction, which also includes some couture garments.
Some of the most iconic and rare pieces include an Yves Saint Laurent khaki cotton safari tunic from the spring/summer 1968 collection and a Christian Dior couture brown wool skirt suit from the autumn/winter 1955 collection. Each of these garments is a “lifetime” piece, created by the original designer rather than a subsequent head of the design house.
“I am also expecting our vintage Moschino garments to do very well since they are also lifetime pieces, created under Mr. Franco Moschino’s tenure. Moschino has experienced tremendous popularity this year, under the reign of Jeremy Scott,” Ms. Ramirez says.