Hermes handbags rules at auction with a black crocodile Birkin selling for $122,500
Widely known to be a symbol of wealth, the meticulously hand-crafted Birkin bags by Hermès is more than just a bag, it’s the status symbol for wealthy consumers. The French leather goods-maker has remained the most coveted handbag brand for some of the most well heeled women in the world, from actress Grace Kelly to billionaire heiresses and celebrities; Hermes handbags never lose its charm. Victoria Beckham’s Birkin bag collection comprises of over 100 examples and is worth $2.4 million, while the F1 heiress Tamara Ecclestone has over 20 exclusive Hermes bags in her collection. Besides the most expensive new Hermes handbag, vintage Hermes handbags have been the top lots at auctions including, the Hermes black crocodile Birkin bag which has earlier auctioned for $120,000 and Hermes birkin bag with gold & diamond hardware which was estimated to fetch up to $90k and was sold for $203,150 to become the most expensive used Hermes handbag sold at an auction. Notably, these limited-edition bags from the house French luxury fashion brand, not just rules at the retail stores, but also at the auction blocks. At the recent Holiday Handbags & Luxury Accessories sale held by Heritage Auctions’, a Hermès 35cm black crocodile Birkin with 18K white gold hardware garnered $122,500 to lead the auction that brought $3.2 million.
Hermès handbags ruled the auction, where bidders flocked to grab an example from the largest Hermès bag collection ever offered on sale. The other Birkin bags that got sold for handsome prices include a rare 30cm shiny violet Porosus Crocodile Birkin bag with palladium hardware that fetched $74,500, against its highest pre-sale estimate of $50,000, a 32cm Shiny Rouge H Caiman Crocodile Sellier Kelly Bag with gold hardware also brought $62,500, and a 32cm shiny rouge H Caiman crocodile sellier Kelly bag with gold hardware for $62,500.
Besides, some of the other designer handbags also brought impressive prices as well, including a Gucci stunning solid 18K yellow gold & diamond minaudiere evening bag with interchangeable multicolor tassels sold for $40,000, a Van Cleef & Arpels’ 18K yellow gold & diamond basket weave evening bag garnered $27,500, the Chanel Matte Jaune yellow crocodile jumbo flap bag that fetched $20,000, and a Kieselstein Cord shiny black crocodile large trophy bag with gold crocodile hardware sold for $13,125.