I can’t actually believe I’m about to type these words. An Hermes Birkin bag has just sold at auction in Dallas, Texas for $203,150! Yes, that’s right folks, a handbag has just been sold for what could buy you a nice little house in that very same state! No word yet on who the lucky bidder was but I do wonder if they are sitting at home experiencing some serious buyer’s remorse right about now! The red crocodile tote featuring 18K White Gold & Diamond Hardware was estimated to fetch between $80,000-90,000, as stated in the catalogue. So you see what I mean about buyer’s remorse? That’s more than double the estimated price! That wasn’t the only massive realization for an Hermes piece. In the very same sale three other Birkin bags were sold for $113,525, $95,600 and $80,662!
Image courtesy of Heritage Auctions