|September 12, 2014 | 10:00am - 4:00pm|
|New York, NY|
Friday, September 12, 2014; 10:00am - 4:00pm
Registration Deadline: Friday, September 5th
Program and Schedule:
The fantastic world of resale luxury handbags and accessories and resale couture in online sales, auction rooms and upscale boutiques is now front-page news, and it is time to learn something about the value of couture resale. Join the Appraisers Association for a comprehensive two-part program that will begin at the offices of Heritage Auctions on 57th Street to preview their upcoming Luxury Accessories Signature Auction before it moves on to sale in Beverly Hills. Following Heritage, the group will visit one of the West Side locations of Second Time Around, the fast growing luxury consignment boutique chain, to learn how resale values for items are established.
At Heritage Auctions Managing Director Kathleen Guzman and Consignment Director of Luxury Accessories Max Brownawell will discuss the competitive market for handbag and luxury accessories focusing on online marketing and sales—bids that might be coming from China, Japan, India, Russia or any Princess with a laptop, wherever she may be. We will also have an opportunity to see what is considered possibly one of the rarest and most desirable handbags in the world: a 30cm Diamond Himalyan Birkin Bag, done in Nilo Crocodile and featuring a total of 8.2 carats of VVS F round brilliant diamonds set in 18K white gold.
In the afternoon, attendees will visit the office of Second Time Around*, the luxury consignment chain dealing in investment pieces. Second Time Around has ten boutiques in New York City and thirty additional locations around the country. During our visit, two of the store’s senior staff members, Ambria Mische and Courtney Tracey, will speak to the brands that retain their value the longest and which lose value; how resale values are established and how they relate to the original cost of an item and other topics related to the growing popularity of upscale resale.
12:00pm – 2:00 pm
2:00pm – 4:00 pm
*Not to be confused with thrift stores, upscale designer resale shops like Second Time Around carry labels one would find at luxury apparel stores on Fifth Avenue—Balenciaga, Chanel, Dior—priced well below market value, some still with their original tags.
212 West 35th Street, 11th Floor South | New York, NY | 10001 | Tel: 212.889.5404 x 14 | Fax: 212.889.5503
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