Diamond-encrusted handbag just sold for £162,500 in London

LLB Reporter

Source: ©Photoshot

And it is not even new

A vintage Hermes Birkin bag has sold for a record £162,500 ($217,144) at an auction at Christie’s — setting a new record for the most expensive handbag ever sold at an auction in Europe.

And the “undisputed most valuable bag in the world” is not even new. The second-hand 2008 Himalaya Birkin is made up of Nile crocodile skin, an 18-carat white gold diamond encrusted lock and in “grade 2 condition”.

#AuctionUpdate A 2008 #Hermès, Matte Himalaya #Birkin 30 with 18k White Gold & Diamond Hardware sold for £162,500 / $217,100 / €183,950, achieving an auction record for any handbag sold in Europe in today’s Handbags & Accessories sale in #London https://t.co/02vcp3vZYs pic.twitter.com/YP5wJ1dZXz

— Christie’s (@ChristiesInc) June 12, 2018

According to reports, Himalaya refers to the bag’s colour while Birkin is in honour of the singer and actor Jane Birkin.

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