07 Dec '17, 5pm

Is this the most expensive handbag ever sold at auction?

The Birkin Bag is the stuff of legend. Everything from its creation to its construction is surrounded by myth and mystique. It apparently came about because Jane Birkin was sitting next to Hèrmes’s CEO Jean-Louis Dumas on a flight and complained about her inability to find a receptacle big enough to hold all her things. Each one takes 48 hours of work by a single artisan, none of whom are allowed to so much as touch a piece of hide until three years into their training. This year a version of the Hèrmes Birkin, in matte white “Himalaya” crocodile skin encrusted with 205 diamonds, broke the world record for a handbag sold at auction, fetching £293,000 when it went under the gavel at Christie’s in Hong Kong. “There’s so much focus on this market right now, which is why we’ve broken records three years in a row,” says Matthew Rubinger, International Head of Handbags and Acces...

Full article: http://www.cityam.com/277134/handbags-have-been-steadily-...

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