Crocodile handbag sells for record US$222,912

HONG KONG: A fuchsia-coloured crocodile-skin Hermes bag has broken the record for the most expensive handbag sold at auction, selling for US$222,912 (RM820,100) at a Christie’s auction in Hong Kong.

The shiny pink bag was sold to an Asian phone bidder in an auction that saw “fast-paced bidding from start to finish”, Christie’s said in a statement on Monday.

The final price realised at the Monday auction was around 15% more than the auction house’s estimate.

“With its 18k white gold and diamond hardware, Hermes Shiny Fuchsia Porosus Crocodile Diamond Birkin 35 dazzled the crowds, achieving a HK$1.72mil (RM816,000) record,” Christie’s said in the statement.

The bag, part of the “Birkin” series named after actress and singer Jane Birkin, who was born in Britain and is based in France, features a gold and diamond-encrusted clasp and padlock and is 35cm in width and 25cm in height.

At the same auction that saw some 300 designer handbags going under the hammer, a shiny black crocodile “Kelly” bag was sold for US$145,000 (RM533,000), breaking the record for the most expensive “Kelly” bag sold at auction. — AFP

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