A Handbag Auction is an ideal way to find your dream handbag at an affordable price. Whether you are looking for a limited edition Chanel Speedy, an iconic Chanel tote, or a vintage Louis Vuitton, there is a chance that you will find it at a Sotheby’s Handbag Auction. The auctions are held in several countries around the world and many lots have no reserve price. This allows you to bid from as little as one dollar in local currency.
When bidding on a handbag, make sure that you ask questions about its provenance. Some bags may come with a card certifying authenticity, but not all of these cards are legitimate. Also, check the serial number of the handbag to ensure that it matches the serial number on the card. It should also correspond to the appropriate date of manufacture.
Many auction houses hold separate handbag auctions. These are staffed by experts and hold sales throughout the year. The staff will guide you through the bidding process. Handbag prices are based on several factors, including brand, colour, material, and condition. Rare or limited edition examples will usually command a higher price.
During the auction, you can pay in cash or through check. In addition, you can make an advance payment with a credit card. If you pay with a credit card, you must sign a credit card authorization form. If you are paying by check, remember to write a check payable to Abington Auction Gallery. However, it is important to note that an auctioneer may reject your opening bid if it is below the value.