Fur skins worth 56 million euro sold in Helsinki

September 22, 2015 - European auction house Saga Furs concluded this season's auction schedule with the September auction 16-21 September. The fur sales reached 56 million euro.

Saga Furs auction house in Helsinki, Finland, sold fur to the amount of 56 million euro during the auction in September.

400 international buyers attended the auction, that offered a total of 1,4 million mink skins and 723,000 fox- and finnraccoon skins. The total sales of 56 million euro was a decrease in comparison with last year’s 76 million euro sales.

“The offering at the September auction is different from the offerings at the main auctions in March and June, because a considerable part of the skins are of lower quality. This time of year it is too early to predict the development in the coming retail season, since it is largely dependent on the main markets in China as well as the winter weather,” says CEO of Saga Furs, Pertti Fallenius.

In total Saga Furs sold raw fur skins to the amount of 636 million euro during four auctions in 2015. The first auction in the next financial year takes place 19-21 December 2015. Europe’s other large fur auction house, Kopenhagen Fur, holds the season’s final auction 24 September to 2 October offering 7,1 million mink skins.