Last Updated on 9th December 2011

A red crocodile Hermès Birkin handbag (pictured above) has just set the world record for being the most expensive bag ever to be sold at a public auction, after it sold for an eye watering $203,150. 

The ‘Hermès Exceptional Collection Shiny Rouge H Porosus Crocodile 30cm’  – to use its full name – was sold to an anonymous bidder at Heritage Auctions in Dallas, Texas but was originally only expected to fetch $80,000.

We don’t need anyone to tell us that Birkins are special, but apart from the fact that this one features white gold and diamond hardware, what makes it so special?

“This is an extraordinary example of one of the world’s most exceptional handbags, and this was certainly an exceptional price, exceeding our highest expectations at every corner,” Matt Rubiner, a spokesperson for Heritage Auctions told WWD after the sale.

“Just a year ago another Birkin, without the jewels and in lesser condition than this one, sold for the equivalent of $77,000 at auction in England. Everything about this bag measures up much better than that one – it all combines to make this a singular bag and an extraordinary opportunity for a high-end collector.”

Well, there you have it.

[Art Knowledge News]

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