Mini Hermès Kelly Handbag Could Fetch $200,000 at Auction

A collection of “rare and exceptional” handbags—from the likes of Hermès, Chanel, and Louis Vuitton—is on offer from Christie’s, in an auction ending Dec. 12.

The sale also “includes a selection of costume jewellery from Chanel—the collection spans a range of generations with lots coming from the modern era of Karl Lagerfeld, dating back to iconic original designs created by Coco Chanel herself,” Christie’s said in a statement. “This fantastic section is being sold without reserve.”

The star of the show is a mini Hermès Kelly bag made from sterling silver and dating to the 1990s, according to the auction house. The bag features “a charming miniature version of the signature Cadena lock,” in addition to its “iconic silhouette,” the catalog said. Available at auction for the first time in seven years, the bag is estimated to fetch between US$100,000-US$200,000.

A mini Hermès Kelly bag made from sterling silver and dating to the 1990s could fetch as much as US200,000.
Christie’s Images

The “sterling silver Kelly [is] one of the rarest pieces ever created by Hermès and now available at auction for the first time in seven years,” according to a statement from Christie’s.

Two limited-edition Bolide bags, also from Hermès, are part of the sale. Inspired by automobile travel, these bags—created 100 years after the original—feature tiny wheels for a touch of whimsy, plus hardware made from Palladium. One example is bleu saphir epsom leather with orange wheels, while the other is gold with yellow wheels.

The classic handbag represents “the imagination and innovation that Hermès is known for,” the catalog said. “Its silhouette was made to seamlessly fit inside the trunk of a car and its zipper, the first to ever be featured on a handbag, allowed for elegant ease of access while traveling.”

“There are also several men’s handbags included in the sale, such as “The Rock” HAC Birkin by Hermès, which has an estimate of US$40,000 to US$50,000 and is on offer for the first time from Christie’s. “This is the first Birkin bag specifically crafted for men and inspired by the supple appeal of leather jackets,” according to the auction house.

The sale also an acrylic and crystal ice-cube clutch with silver hardware that was part of a fall 2010 Chanel runway show with an estimate of US$6,000 to US$8,000; a limited-edition yellow and black monogram leather pumpkin bag by Louis Vuitton with Yayoi Kusama that could fetch up to US$15,000; and a Louis Vuitton trunk, circa 1890, that is estimated to sell for between US$10,000 to US$15,000.

Handbags have had a banner year, with 2023 sales reaching a total of HK$154 million (US$20 million) in sales so far this year—a record in the handbags and accessories category, according to Christie’s. The record was broken at a November auction in Hong Kong, where the company sold nearly HK$55 million (US$7 million) in rare and designer handbags.

Klaus Busse would like you to close your eyes and imagine yourself behind the wheel of a Maserati. Picture the GranTurismo, which launched in Australia in 2024. Where do you see yourself? Chances are, Busse suggests, it’s not during the school pick-up or commuting to the office.

“You’re probably on a wonderful road in Tuscany, or Highway 1, or you’re going to a red carpet event,” says Busse, who holds the enviable title of Head of Design at Maserati, the iconic Italian car manufacturer. “Basically, it’s about emotion.”

At the luxury end of the market, the GranTurismo Coupe—priced between $375,000 and $450,000—is designed to transform the driving experience into something extraordinary. For Busse and his team, these “sculptures on wheels” are not just status symbols or exhilarating machines but expressions of pure joy. Their mission is to encapsulate that feeling and translate it into their cars.

“I really feel the responsibility to create emotion,” he says. “We have a wonderful word in Italy: allegria, which is best translated as ‘joyful.’ Our job as a brand is to lift you into this area of joy, perfectly positioned just short of ecstasy. It’s that tingling sensation you feel in your body when you drive the car.”

Even as 60 percent of the world’s population now lives in urban areas, Maserati’s design ethos captures the essence of “everyday exceptional.” Whether navigating city streets or open roads, a Maserati turns heads without being ostentatious or aggressive. “I’ve driven these cars all over the world, and no matter where I go, people smile at me and give a thumbs-up,” says Busse.

Since joining Maserati in 2015, Busse has reimagined and redefined the brand, steering his team through the reinvention of classic models and the transition to electric vehicles. Iconic designs like the Fiat 500, which entered the EV market in 2020, serve as a testament to Maserati’s ability to blend tradition with innovation.

Unlike other luxury car brands, Maserati embraces radical change with new designs every 10 to 15 years. Busse loves connecting with fans who follow the brand closely. He explains that each Maserati model reflects a specific era, from the elegant 35GT of the 1950s to the wedge-shaped designs of the 1970s and the bold aesthetics of the 1980s.

“I often ask fans, ‘What is Maserati for you?’ because their responses tell me so much about how they connect with the brand,” he shares.

Inspired by legendary Italian designer Giorgetto Giugiaro, Busse balances tradition with modernity in his designs. As Giugiaro once told him, “We always do the best in the moment.” This philosophy resonates deeply with Busse, who believes in honouring the past while embracing future possibilities.

Through advances in technology, techniques, and societal trends, Busse ensures Maserati remains at the forefront of automotive design. For him, the creative process is more than just a job—it’s a way to create joy, connection, and timeless elegance.

Mini Hermès Kelly Handbag Could Fetch $200,000 at Auction

Ever wondered what it takes to create a car like the Maserati? Meet the German designer taking on an Italian icon.