Make Way For The New World Record Holder For The Most Expensive Handbag Ever Sold

It has been barely 10 months since a shiny fuchsia pink Porosus crocodile Hermes Birkin handbag was sold at Christie’s auction in Hong Kong for a record price of $221,000 and with just two months left before it could boast of being the most expensive handbag ever sold in a year, this red Hermes Birkin bag came to the title steal after reselling at a new record price of $298,000, making it the new most expensive handbag ever sold. But you know what they say, records are set to be broken…

The cherry red rouge Braise crocodile skin handbag was produced as far back as 2008 when it was originally purchased from Hermes by a US buyer for $160,000. It measures 35 cm and features 18 karat white gold hardware embellished with diamonds.

Most Expensive Handbag Ever sold

The bag was sold by Florida-based Privé Porter who collects rare luxury handbags mostly Birkins and resells them for a higher price primarily on Instagram– an alternative for some who for some reasons may not fancy the traditional auction houses. Privé Porter bought the rare handbag from its original owner in 2015. The previous owner reportedly never used the bag and its new buyer/owner who chooses to remain anonymous revealing only to be a Los Angeles resident would probably never use the bag as well.

However, if you consider the fact that the bag was sold without the conventional bidding process as Privé Porter isn’t an auction house, it technically leaves the previously mentioned fuchsia pink crocodile Hermes Birkin handbag as the most expensive bag ever sold at “auction”. But the difference isn’t so much as two previous deals to acquire the red Birkin fell through. The original asking price was $360,000, so the sale price could’ve been higher but I guess the LA buyer struck the most favorable bargain.

The new record holder was among the $2 million worth of Birkins on display during the Fort. Lauderdale International Boat Show boat show hosted by Privé Porter in 2015.

Speaking of auctions and bidding. A diamond Himalayan Hermes Birkin handbag will be offered at Christie’s auction house in Hong Kong on May 30th 2016 and is expected to rake in as much as £180,000, ($259,000) if that does happen, then it will legitimately become the most expensive handbag ever sold at auction, but still won’t beat the red Birkin sold by Privé Porter. And it begs the question- If it does really matter where and how a previously owned bag is resold.

READ   At $75 Million! This Is The World's Most Expensive Cake

The handbag (pictured below) is made of ‘almost-albino’ Himalayan Nilo crocodile skin, it also features 18 karat gold hardware and 245 diamonds.

Himalayan Birkin Christie's auction

Gone are the days when muscle cars and art masterpieces were the only items rife at auction houses, joining the team are handbags, not just the regular handbags of course but rare pieces from top luxury brands like Louis Vuitton, Chanel and Judith Leiber, but by far the most coveted ones are the Hermes Birkin basically because of its exotic skins that aren’t common among other brands. Forget the real estates and stocks invest in a Birkin bag today.

See Also: Top 10 Most Expensive Luxury Handbags In The World

Uwa Echebiri
Uwa Echebiri
Uwa has extensive professional writing and editing experience including report and technical writing, product reviews, informational and persuasive articles, creative and content writing on nearly any topic, from entertainment to lifestyle, finance, sports and more. As a lifelong movie buff, Uwa is either bingeing on new movies during leisure, or giving someone a whopping on the latest FIFA edition

Recommended

Joe Namath Net Worth and Earnings From All The Things He Does For A Living

It is not every day that you find a professional athlete who also boasts of the magnetism and charisma usually reserved for movie stars....

Trey Songz Net Worth: How Much Money the Bottoms Up Singer Makes

R&B hitmaker, Trey Songz is a singer and rapper who began making music right from his formative years and has gone ahead to gain...

David Goggins Net Worth 2020: Breaking Down the Finances of Can’t Hurt Me Author

Looking for a bit of inspiration to help get your life in gear? Then look no further than retired navy seal and renowned endurance...

What Is Jamie Foxx Net Worth & Does He Have A Wife or Girlfriend?

Jamie Foxx is an American actor, comedian, singer, and songwriter. Foxx began pursuing a career in entertainment in the late 80s and slowly gained...

These Facts Will Tell You All About Julia Louis-Dreyfus’ Career Achievements, Net Worth And Family

Best known for playing Elaine on the sitcom Seinfeld, Julia Louis-Dreyfus is one of the most fruitful runs in American comedy history. Most recently,...

Inside Look At Salman Khan’s Net Worth, Family and Recent Legal Troubles

With a net worth of $230 million and an entertainment career spanning over 30 years, Bollywood actor Salman Khan has worn many hats to...

Kim Richards Net Worth and Facts About Her Family and Relationships

Kim Richards is an actress and television personality best known as one of the housewives on Bravo's "The Real Housewives of Beverly Hills" (RHOBH)....

More From Justrichest

Joe Namath Net Worth and Earnings From All The Things He Does For A Living

It is not every day that you find a professional athlete who also boasts of the magnetism and charisma usually reserved for movie stars....

Trey Songz Net Worth: How Much Money the Bottoms Up Singer Makes

R&B hitmaker, Trey Songz is a singer and rapper who began making music right from his formative years and has gone ahead to gain...

David Goggins Net Worth 2020: Breaking Down the Finances of Can’t Hurt Me Author

Looking for a bit of inspiration to help get your life in gear? Then look no further than retired navy seal and renowned endurance...

Inside Jay Leno’s Massive Car Collection, Net Worth & Family Life

Jay Leno is without doubt, one of the finest and most mature entertainers America has ever produced. A multiple award-winning stand-up comedian, writer, TV...

Featured Today

Little Known Facts About Kristen Welker’s Career, Parents and Husband

Those who can tell a thing or two about Kristen Welker will quickly point out that she is a media personality known for her...

What Is Wrong With Barron Trump, Is He Really Autistic? Where Is He Now?

Autism is prevalent and can affect people of all ethnic, racial and socioeconomic groups. The disorder, which limits a person's ability to relate and...

Paula Throckmorton – What To Know About Fareed Zakaria’s Wife

Paula Throckmorton is a jewelry designer and writer most famously known for being the wife of indian-American journalist Fareed Rafiq Zakaria, who hosts Fareed Zakaria...

Who is Zack Snyder’s Daughter Autumn Snyder and Why Did She Commit Suicide?

It could be hard to understand why someone would ever take their own life; leaving their family and loved ones to suffer in a...

Fredricka Whitfield – Husband (John Glenn), CNN & Other Family Facts

CNN may no longer be the leading news network in the United States in terms of ratings but it still boasts of some of...

Related Stories