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This Is The World’s Most Expensive Handbag
handbag
Published: Jun 2, 2016

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.

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The auction house Christie’s said, “It was the world record price for any handbag sold at auction,” Bingle Lee, a Hong Kong-based spokesman for Christie’s, told AFP.

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Christie’s senior Asia vice-president of handbags and accessories, Matthew Rubinger, said the bag went to a private collector but he could not disclose who the buyer was or where they were from.

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The new record beat one set last year, also in Hong Kong, when a fuchsia-colored Hermes bag sold for $222,912.