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The most expensive Birkin bag to sell publicly to date was at a Sotheby’s auction in 2022, where the “Diamond Himalaya Birkin,” a bag studded with 205 white diamonds, sold for over $450,000 ...
Thanks to its exclusivity and its status as an investment piece, a Birkin bag’s value is much higher than its sticker price of around $12,000. Birkin bags can double in value in 5 years.
The Birkin bag (or simply Birkin) is a tote bag introduced in 1984 by French luxury goods maker Hermès. [2] Birkin bags are handmade from leather and are named after the English-French actress and singer Jane Birkin. [3] The bag quickly became a symbol of wealth and exclusivity due to its high price and assumed long waiting lists. [4]
NEW YORK, NEW YORK - APRIL 26: Jennifer Lopez is seen on April 26, 2024 in New York City. (Photo by Gotham/GC Images) Each Birkin bag is like a work of art; it takes hours for a single artisan to ...
Another popular bag from the Hermès house is the evelyne, a comparatively affordable saddle style bag meant to be worn cross body with a traditionally fabric strap. The evelyne is available in 4 different sizes: the TPM (16 cm), PM (29 cm), GM (33 cm)and TGM (40 cm) and is generally made in relaxed leathers like clemence. [ 48 ]
The plaintiffs have accused Hermès of exploiting the “incredible market power” that comes from the “unique desirability, incredible demand and low supply” of its most prestigious bag to ...