While there's record-breaking sales and auctions in the art world every other month, it's a rarity to see a fashion item go for the kind of Hermes bag cost this pink crocodile skin Birkin bag just went for in a recent Christie's auction at Hong Kong.
In the past few months, long before the Hermes bag cost sky-rocketed to a point nobody would have thought, two paintings by art masters have broken sales records: Paul Gaughin's 1892 "When Will You Marry?" for $300 million and one of Pablo Picasso's "Women Of Algiers" paintings from between 1954 and 1955, which sold for almost $200 million at a Christie's New York auction.
Now, according to Business Insider, the Hermes bag cost 1.72 million Hong Kong dollars ($221,846 U.S. ones) to the person who won it in auction at a Christie's Hong Kong event, making it the most expensive handbag ever to be sold in this way.
So, what makes this accessory so special that someone paid this kind of incredible Hermes bag cost? Besides being a designer item (and one of the most celebrated ones in fashion, at that), The Guardian reports that this Birkin bag in particular, besides being made out of crocodile skin, is encrusted in diamonds as well as 18-karat white gold lock and clasp, made in 2014.
The bag was sold to a phone bidder and who hasn't been yet announced.
The Birkin bad, named after British actress and singer Helen Birkin, has turned into a classic and celebrity favorite since its 1984 launch - in fact, the previous handbag auction sales record was also held by a Hermes bag cost, according to The Wall Street Journal, and it was a red crocodile Birkin bag, which was sold at $203,150 in 2011.
A similar item, a diamond and gold Birkin bag sold at $218,500 that same year, had once belonged to classic Hollywood actress Elizabeth Taylor - but its Hermes bag cost was sold under the "jewelry" category instead.
