Hermes, the doted fashion designer, recently released a white crocodile skinned handbag that was auctioned off for a hefty price. This signature piece was auctioned off to an anonymous bidder over the telephone. The price that was settled on was £293,000, causing it to win the crown as one of the world’s most expensive handbags to date. Many designers compare the love of handbags to the love some have for jewelry, making each piece timeless and classic in it’s own way.
- Handbags are not just functional pieces of a costume – they can serve as a piece of jewelry
- Handbags that are no longer being produced are in high demand
- Unique handbags can be a conversation piece – and Rubinger intends to break the record for the most expensive one to sell
“To explain the astronomical prices, Christie’s head of handbags and accessories Matthew Rubinger says there has been a mindset shift when it comes to bags.”