ALT/FNDATA · Market Report

Q1 2025 Report: The Secondary Market for Luxury Handbags

Auction-realized prices and the luxury-equity backdrop

The year opened at its high-water mark: aggregate value rose some 18% year over year, six-figure exotics still cleared freely, and Hermès took almost all of the value, before the market began the descent that would define 2025.

Q1 2025 · Handbags 8-minute read By ALT/FNDATA
Q1 2025 Report: The Secondary Market for Luxury Handbags
Read the full report → See the headline data

The headline

The correction in three numbers

+18%

Auction value, YoY

Q1 sold-auction value rose from $10.9M to $12.9M (+18% like-for-like)

$275,675

Top lot, level YoY

A matte Béton alligator Hermès at Christie's; the 2024 top was $275,291

93%

Hermès share of value

$11.9M of $12.9M cleared, across 689 sold lots

Auction-realized prices: what luxury handbags actually sold for at the hammer, not asking prices.  ·  15M+ auction results · 850+ houses.

The read

What the data shows

ALT/FNDATA Q1 2025 report on the secondary market for luxury handbags: the year's firmest quarter. Auction value rose about 18% year over year to $12.9M, the top lot held at $275,675, and Hermès took roughly 93% of value. The luxury equities split (a January rally, a spring de-rating). Free headline data; full report by email.

Members only

Read the full report

The headline data above is free to cite. The full report is part of ALT/FNDATA Membership, which includes every quarterly market report and the Visual Analytics Hub. Inside this report:

  • The full month-by-month auction breakdown (January to March)
  • The luxury-equity backdrop: the January rally and the spring de-rating
  • Concentration: where capital actually cleared (Hermès and the flagship houses)
  • Methodology and how to cite the data
Become a member · $1,260/yr →
Not a member? Get the free executive summary by email.

Please enter a valid email address.

You’ll also join the ALT/FNDATA newsletter, the data nobody else has. Unsubscribe anytime.

✓

Thanks, your summary is on its way

We’ll email you the executive summary and keep you posted on new reports. The full report is available with ALT/FNDATA Membership.

Become a member to read the full report →

Or book a data walkthrough →

Keep going

What's your bag worth? Try the free price-check →
Paste any auction lot to get comparable sold prices, free. →

Cite this report

Source: ALT/FNDATA, “Q1 2025 Report: The Secondary Market for Luxury Handbags” (June 2026). Based on auction-realized prices for luxury handbags cleared at the auction houses ALT/FNDATA tracks, with public-market context from Q1 2025 luxury-equity performance. © 2026 ALT/FNDATA · altfndata.com/reports/luxury-handbag-market-report-q1-2025