Sotheby’s Offering a Hermes Kelly Bag for More than $500,000
- Kelly bag is ‘exceptionally rare,’ Sotheby’s expert says
- Resale prices show resilient demand for high-end products
Sotheby’s is offering a rare handbag in a private sale for more than half a million dollars.
The Hermes Kelly 25 on offer is expected to surpass the price paid for a similar bag, a slightly larger Kelly 28, earlier this year. That one sold for $513,000, also in a private sale, according to a Sotheby’s representative.