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Hermes Handbag Goes For Whooping $300,000

A diamond-encrusted crocodile-skin Hermes handbag with white gold details has broken the record for the world's most expensive ever sold at auction, fetching nearly $300,000 at a Hong Kong sale and beating a record set last year, also in Hong Kong, when a fuchsia-coloured Hermes bag sold for $222,912. The rare Himalaya Niloticus Crocodile Diamond Birkin…

A diamond-encrusted crocodile-skin Hermes handbag with white gold details has broken the record for the world’s most expensive ever sold at auction, fetching nearly $300,000 at a Hong Kong sale and beating a record set last year, also in Hong Kong, when a fuchsia-coloured Hermes bag sold for $222,912.
The rare Himalaya Niloticus Crocodile Diamond Birkin 30 went to an unknown phone bidder late Monday for HK$2.32 million ($298,655), beating a pre-sale estimate of $2 million, the auction house Christie’s said. Rare and sought after, the Hermes bag is encrusted with diamonds, while the buckle and trademark mini Hermes padlock are made of 18 carat white gold.
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It was the world record price for any handbag sold at auction,Bingle Lee, a Hong Kong-based spokesman for Christie’s, told AFP.
It is believed that only one or two of the Diamond Himalayas are produced each year, globally, making it one of the lowest production runs for handbags,” Christie’s said in a statement issued before the sale.
The bag was made in 2008 and is from Hermes’ iconic “Birkin” series named after actress and singer Jane Birkin, who was born in Britain and lives in France.

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