R1m for a handbag? These collectables are among the most valued on auction lots

A black Porosus Crocodile Hac Birkin 40 smashed its estimate when it went under hammer during Christie's 'Handbags Online: The Power of Colour' auction in June 2020.Though live auctions are slowly resuming after a long suspension caused by the coronavirus pandemic, collectors have continued to acquire luxury collectables in multiple online auctions.

Though bags made by luxury brands like Chanel and Louis Vuitton are highly collectable, those made by Hermès attract the highest prices at auction. While wine has lost some momentum as an investment prospect , a bottle of 60-year-old Macallan whisky from 1926 set an auction record for any wine or spirit in October 2019. The coveted piece sold for just under £1.45m during Sotheby'sART

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