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The provided charts offer a detailed breakdown of the auction prices for Hermès' leather handbags, specifically the Birkin, Kelly, and Constance models, over a period from 2017 to 2023. The graphs are segregated by style, size, and color, providing a nuanced perspective of market preferences and value trends.
The "Hermès Leather Bags at Auction by Style" chart indicates that Kelly bags generally lead in auction value, likely owing to the outsize value of 20cm Kellys, which do not yet have a counterpart Birkin. The most significant increase came in 2021. Birkin bags also display a steady rise in value, and most closely mirror the overall average for Leather Hermès Bags as they make up the majority of auction results.
In the "Hermès Leather Bags at Auction by Size" chart, the 20cm Kelly exhibits the strongest upward trajectory, indicating a high collector interest. Both 25cm Birkins and Kellys have also increased dramatically in price at auction, while 28cm Kellys and 30cm Birkins have shown steadier, though less steep increases. The classic and common 35cm Birkin along with the rather rare though not highly sought-after Kelly 35 have been outpaced by the Kelly 32, a practical choice for regular users. Birkin and Kelly 40s, which for a few years sold markedly less than other sizes, are now selling at prices in line with 35cm bags, which may point to a renewed interest in larger bags or a market response to limited availability.
The "Hermès Leather Bags at Auction by Color" chart is the most visually complex, indicating diverse preferences for color over time. Pink, a color category that has almost always achieved top prices at auction, has been supplanted by a shade that in 2019 ranked as the second lowest in value: White. Black, a bellwether of the market at large, has also overtaken Pink for second place, indicating a surge in interest in timeless classics, and an increase in new collectors entering the market, as Black is most often a collector’s first bag.
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