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The purse in question, a matte white "Himalaya" crocodile skin Hermès Birkin bag with 18-karat-gold buckles and strap loops encrusted with 205 diamonds, sold for the highest price of any handbag ...
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.
An open, pink, Hermès Birkin bag [1] 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 ...
A Hermes Birkin bag that sold for more than $200,000 Monday set the record for the most expensive handbag ever purchased at an auction. What made it worth so much, you ask? It might be the 18K ...
Aside from raising prices every few years, the value of a bag is also determined by how old, rare, and big it is, auction house Sotheby’s said. And given how sought-after Birkin bags are, their ...
That November, Christie’s sold a crocodile-skin version for nearly $390,000, the second-highest price ever paid for a handbag at auction at the time. Hermes, which went public in 2013, hit its ...
And despite prices for such pieces ranging from $9,000 to six figures at auction, Dumas insists they are not expensive. “I always heard that Hermès is very costly,” Dumas told 60 Minutes in ...
$12,000 will get you just about any handbag you want—except for a Birkin. Though that’s the average sticker price of the iconic handbag, cash is just one piece of the puzzle.