Kruse GWS Auctions, the world-record-breaking auction house specializing in entertainment memorabilia, fine jewelry, iconic fashion items and royal artifacts shattered yet another world record during their Luxury Jewelry, Timepieces and Handbags auction which was held Saturday, September 26, 2020 in Los Angeles. Founder and lead auctioneer of Kruse GWS Auctions, Dame Brigitte Kruse, presided over the auction.
In a stunning round of fast and furious online bids from around the globe, Kruse GWS Auctions sold a Hermès Shiny Black Porosus Crocodile, 10.70ctw Diamond & White Gold Birkin Bag, never used, in box for a remarkable $287,500. This sale marked yet another world-record garnered by the auction house, proving Dame Brigitte Kruse, who was knighted this year, may add “Queen of Handbags” soon to her title.
Coveted for their rarity and craftsmanship, Birkin bags have also carved out a rare and lesser known niche, paving the way for luxury handbags as investments. Over the past 35 years Birkins have out-performed both the value of Gold and the S&P 500 stocks. Since April of 2020, Dame Brigitte Kruse has sold over $2,000,000 worth of handbags from the most sought-after luxury brands around the globe, including Hermès, Chanel, Gucci, Judith Leiber, Fendi, Valentino, MCM, Dolce & Gabbana, Christian Dior, Versace, Louis Vuitton, and more. Selling at $287,500, the Hermès Birkin bag secured the world-record for the highest sale every achieved for a Black Hermès Birkin handbag.
Other highlights of the auction included the Ford 2016 Shelby GT-H 50th Anniversary Hertz Rent-a-Racer Edition. The highly collectible and sought-after vehicle was #30 of 171 total of these cars made as a collaboration with Hertz and sold for $93,750.
In this auction, one of the fine watch highlights was the sale of a Rolex 1979 Cosmograph Daytona Solid 18K Yellow Gold 37mm Watch sold for $37,500. The handsome timepiece is one of the most highly sought after and collectible models of the brand and is crafted of solid 18k yellow gold.
The world-record-breaking sale by Kruse GWS Auctions further solidifies the renowned Los Angeles based auction house as one of the most influential auction houses dealing in iconic fashion brands and accessories. Having created the exclusive fashion runway auctions and setting many other world-records in the entertainment memorabilia sector, the auction house has become one of the most popular and trusted auction houses in the world amongst sellers, buyers, celebrities, and royal families alike. Dame Brigitte Kruse is the founder and lead auctioneer of Kruse GWS Auctions.