A Hermès Birkin owned by Jane Birkin has just been sold at the Sotheby’s Paris auction for £ 7 million (around Rp. 135 billion), break the world record. Now, Sotheby’s London opened a luxury salon pop-up containing a auction of Hermès bag, jam Rolex, to Cartier jewelry, lasts until 22 August.
This phenomenon marks a major change in the auction industry. Before, Fashion divisions are often considered "complementary" compared to artwork such as paintings or sculptures. Now, tas, shoe, so that archives can compete with picasso's work. Especially if you have historical value or have been used by celebrities, Like the "Happy Birthday Mr President" dress owned by Marilyn Monroe who was once sold $4,8 million and returned to viral when used by Kim Kardashian in Met Gala 2022.
Price surge is also driven by resale trends and the popularity of "dupes" on social media. Ironically, the more imitation of the circle circulating, The higher the demand for natural goods. Platforms like depops, Vinted, and Vestiaire Collectives make access to luxury goods more open, but also triggers market speculation.
For some people, This bag is not just a fashion statement, but rather the status of symbols and investment assets. However, Experts warn that extreme price increases can make the market fragile and increasingly keep fashion from the public, turn it into ultra-exclusive commodity.
