9 hours ago
What started as a quirky collectible has now become a luxury fashion statement. Labubu, the beloved figurine that's been dangling from designer bags and lighting up social feeds, just made headlines again — this time at the auction house. A rare Labubu was sold for a staggering 1.08 million yuan at Yongle Auction in Beijing, solidifying its status as both a pop-culture darling and a serious collector's gem.
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Labubu figurines on display at an exhibition which were later put through bidding. (REUTERS)
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Auctioneer interacts with buyers during the bidding for a Labubu figurine.(REUTERS)
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A buyer offers a bid for a Labubu figurine at the auction in Beijing.(REUTERS)
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A man poses for pictures next to a life-sized Labubu figurine displayed at an auction. The figurine was later sold for 820,000 yuan. (REUTERS)
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A Labubu toy hangs from a visitor's Hermes bag at the Yongle auction. (REUTERS)
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Visitors look at a set of three Labubu sculptures from a series called 'Three Wise Labubu' at a preview exhibition of Yongle Auction. The set was later sold for 510,000 yuan. (REUTERS)
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A staff member displays Labubu figurines to ensure customers have a clear look at them. (REUTERS)
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People walk past a human-sized Labubu figurine which is displayed at an auction in Beijing. The figurine was later sold for 1.08 million yuan. (REUTERS)
Photo Credit : Reuters
