Last week, Chanel fans were in bargain-hunting mode as more than 800 vintage outfits, accessories and shoes were auctioned off at a two-day sale at Paris' Drouot Richelieu auction house.According to the Associated Press, estimates for the lots ranged from €20 ($AU 30) for buttons emblazoned with the label's hallmark double "C"s, to euro 10,000 (AU $45,333) for a 1923 drop-waisted dress in ivory silk. Bidders from around the world were expected to attend the auction (and participate via phone).
The story of this auction is an interesting one. The auction’s assessor, Francoise Sternbach, took a year and a half to assemble the 820 lots, which she acquired from more than 120 private sellers. Some of the vintage items were dug out of trunks or rescued from attics where they had been stored for decades.
We’re still waiting to hear how successful the auction was. We’ll keep you posted on the results.