An Hermès Birkin bag just sold for $380,000 (N119million) in Hong Kong, thus becoming the world’s most expensive bag ever to sell at auction. The bag is a specialty, dyed white “Himalaya” crocodile style encrusted with hundreds of diamonds, reported the AP. The exclusive style has 18-karat gold buckles and 205 diamonds decorating the strap.
Birkin now holds the record for priciest arm candy, breaking its own record with the sale. Until now, the honor was held by a sale also made by Christie’s for a nearly identical Hermès Himalaya Birkin bag. That bag was sold in 2016 for $300,168 at Christie’s 30th Anniversary Hong Kong auction.
Christie’s calls the Hermès Himalaya the “Rarest Handbag in the World,” so it’s easy to see why this style has held the record not once, but twice.