LOS ANGELES--(BUSINESS WIRE)--In this new era of eco-consumerism, Abell Auction Company makes green shopping more stylish and accessible than ever! A stunning array of timeless fashion, handbags, watches and jewelry by iconic designers will be offered at its Sept. 10 luxury goods sale in Los Angeles. Live bidding begins at 10 a.m. PST online and at the gallery (2613 Yates Ave.).
“Auctions are reinventing the luxury goods market by recycling and reviving high-quality vintage items,” said Abell Auction Company Vice President Todd Schireson, whose family has operated the thriving auction house for 103 years. “We are creating an ideal space for environmentally conscious consumers to find items they love and that match their lifestyle. It’s the ultimate luxury recycling experience, especially for people who enjoy the thrill of hunting for one-of-a-kind items with a conscience!”
The auction will feature more than 150 fine appointments and collections from premier Southern California estates, ranging in value from $100 to $5,000. These include an array of vintage gold, platinum, diamond and precious stone necklaces, earrings and rings; designer timepieces by Patek Philippe, Piaget, Rolex and Cartier; and coveted fashion and accessories by Chanel, Hermes, Louis Vuitton, Gucci, Bvglari and many more.
Sept. 10 Auction Highlights (with estimated values)
- H. Stern 18 karat, aquamarine, amethyst, garnet, citrine and tourmaline necklace ($3,000-5,000)
- Cartier stainless steel and diamond Tank Francaise watch ($3,000-5,000)
- 14 karat diamond and ruby ring ($3,000-4,000)
- Patek Philippe 18 karat dress watch ($3,000-5,000)
- Rolex stainless steel Oyster Perpetual Datejust watch ($3,000-5,000)
- Louis Vuitton Alzer 55 noir hard suitcase ($2,000-4,000)
- Hermes Constance 23 handbag ($2,000-3,000)
- Chanel black quilted east west flap bag ($1,000-2,000)
An auction preview will be held Sept. 4, 5, 6 and 9 from 9 a.m. to 4 p.m. at the Abell gallery, 2613 Yates Ave., Los Angeles. Call 800.404.2235 for more information or visit www.abell.com to view a full catalog.
Eco-Shopping is Trending
According to the 2019 Resale Report published by thredUP, millennials (age 25 to 37) buy secondhand more than any other generation, with baby boomers (age 56 to 65-plus) ranking a close second. In addition, both millennial and generation Z (age 18 to 37) consumers are adopting secondhand apparel 2.5 times faster than other age groups. Green shoppers are willing to pay more for products and services that come from companies committed to positive environmental impact. Many wish to recycle and spend more when their purchasing power is directed toward helping the environment.
Why Auctions Matter to the Environment
According to the Environmental Protection Agency (EPA), only 15.3 percent of textiles – such as clothing, furniture, carpets, footwear and other nondurable goods – are recycled. By looking at a product's entire life cycle, new opportunities to reduce environmental impacts, conserve resources and reduce costs can be discovered. What one person discards can be highly valued or prized by someone else. Abell helps recycle and keep in circulation an abundance of items that might otherwise go to a landfill. Shopping at auction creates a “recommerce” platform that is ideal for green living.
About Abell Auction Company
Abell Auction Company, Los Angeles’ original and premier auction house, has been entrusted with fine estates and collections for 103 years. Its weekly and quarterly sales attract an international audience of in-person and online buyers. Visit www.abell.com or call 323.724.8102.