Hong Kong tycoon auctions 77 handbags, including 6 diamond Hermès Birkins, valued at HK$16.3 million
- Joseph Lau’s collection includes limited-edition pieces that made and shaped history of handbags in past two decades, according to Sotheby’s
- Fugitive tycoon has been active in auctions recently, selling a collection of famous wines and a portfolio of Chinese imperial porcelain
Fugitive Hong Kong tycoon Joseph Lau Luen-hung will hold the largest single-owner handbag sale in Asia valued at up to HK$16.3 million (US$2 million) through Sotheby’s auction house.
The 77-piece collection, which according to Sotheby’s, Lau curated over 20 years, includes six luxury brand Hermès Birkin handbags with diamond encrusted clasps and details, with one estimated at up to HK$2 million (US$255,426).
The 71-year-old tycoon’s collection will be auctioned online from January 30 to February 9.
Morgane Halimi, Sotheby’s global head of handbags and accessories, said: “The limited-edition pieces that have made and shaped the history of handbags in the past two decades can all be found in this collection.”
Hermès Birkin bags are some of the most expensive in the world, ranging from HK$70,000 to HK$4 million, with famously long waiting lists.
The Birkin and Kelly bags are named after British actress Jane Birkin and American Grace Kelly.
