Why Are Hermès Birkin Bags So Expensive?

In the hallowed halls of fashion, the question of who crafts the world’s most expensive handbag and, indeed, the very best, has sparked many a heated debate. Today, the Pursuitist delves into this sartorial contention, pitting two iconic stalwarts of luxury fashion, Hermès and Chanel, against each other. Who will emerge triumphant in this ultimate…

Who Makes the World's Most Expensive Handbag? Hermès vs Chanel

What’s the most expensive handbag in the world now? It’s not the Mouawad 1001 Nights Diamond Purse but the Debbie Wingham Bag at 6.7 million now! Here’s a quick look at the top 10 most expensive handbags of 2023: Debbie Wingham Bag – $6.7 Million Mouawad 1001 Nights Diamond Purse – $3.8 Million Hermes Kelly Rose Gold – $2 Million Hermes Birkin Bag by Ginza Tanaka – $1.4 Million Hermes Chaine’d Ancre Bag – $1.4 Million Lana Marks Cleopatra Clutch – $400,000 Niloticus Crocodile Himalaya Birkin – $379,000 Chanel “Diamond Forever” Handbag – $261,000 Fuchsia Diamond-Studded Hermes Birkin – $222,000 Hermes Exceptional Collection Shiny Rouge H Porosus Crocodile 30 cm Birkin Bag – $203,150 For girls, bags are like cars in the eyes of boys. There are many people who are keen on collecting bags. For some women, a handbag is not just a bag for carrying personal items, but a status symbol to show off. More research shows that men buy expensive items to show off their wealth and attract partners, while women buy expensive items to show off to other women, not to attract men, which is another reason for women to buy luxury bags . The more limited and unique the bag, the more expensive it will be in the market. Luxury brand bags only produce one to three products with unique designs, all high-priced handbags that only a few people can afford. If you own a handbag that is even more expensive than your house, as incredible as it may sound. However, most experts agree that owning a rare, well-designed, and durable handbag is a worthwhile investment, with a resale price that can rise significantly in a few years. So, let’s take a look at the most expensive handbags so far: 10. Hermes Exceptional Collection Shiny Rouge H Porosus Crocodile 30 cm Birkin Bag – $203,150 The official name of the handbag, Hermes Exceptional Collection Shiny Rouge H Porosus Crocodile 30 cm Birkin Bag with 18K White Gold & Diamond Hardware, fully explains why this handbag remains on the list of priciest handbags mankind has ever seen. This red-colored Birkin Bag broke records several years ago for being the most expensive handbag sold at public auction, with an anonymous collector winning the bidding at Heritage Auctions in Dallas, Texas. Shop similar one here: Shop now 9. Fuchsia Diamond-Studded Hermes Birkin – $222,000 Hermes Birkin handbags continue to break sales records for the most expensive handbags ever, giving the impression that they are in a league of their own. With its 18-carat white gold and diamonds, this fuchsia Hermes Birkin bag will shine in your eyes from first glance. During a Christie’s auction in Hong Kong in 2015, this gleaming purse received a price of $1.72 million Hong Kong dollars. 8. Chanel “Diamond Forever” Handbag – $261,000 This bag is handmade from crocodile leather. The Chanel logo on the bag is inlaid with 334 diamonds weighing a total of 3.56 carats. At the same time, it is matched with an 18K white gold chain inside. And this bag is a limited edition, there are only 13 such bags in the world. 7. Niloticus Crocodile Himalaya Birkin – $379,000 This bag is made from the crocodile skin of the Nile crocodile. And it has to wait for a very long dyeing process to lighten the tone of the material. This handbag often presents a landscape associated with the Himalayas, showing different shades of brown or white blending, just like the scene of clouds and snow peaks. Shop similar here: Shop Now 6. Lana Marks Cleopatra Clutch – $400,000 The fifth most costly handbag is a fan favorite among red carpet superstars. The Cleopatra Clutch by Lana Marks ranges in price from $100,000 to $400,000. Because there is only one new Cleopatra Clutch produced each year, each one is unique in terms of color and design, the high price point can be ascribed to its scarcity. The most expensive Cleopatra clutch is now owned by Chinese actress and singer Li Bingbing. Lana Marks and stylists specifically designed the American alligator leather, which is set with 1,600 white diamonds totaling 40 karats, to match her outfit. Li Bingbing’s name was also inscribed in pink diamonds and pink gold. 5. Hermes Chaine’d Ancre Bag – $1.4 Million Due to its elaborate, prison-like design and 1,160 diamond-studded anchor-shaped chain links, the Hermes Chaine d’ Ancre Bag lives up to its name. The pricey materials and the fact that there were only three of this particular design by Pierre Hardy contribute to the item’s high cost. 4. Hermes Birkin Bag by Ginza Tanaka – $1.4 Million This platinum Hermes Birkin handbag, created by Japanese designer Ginza Tanaka, has 2,000 diamonds covering the exterior and a pear-shaped 8-karat stone in the middle that can be detachable and worn as a brooch. Simply remove the diamond sling from this Birkin bag and dazzle everyone with your priceless jewelry if you neglected to pack a bracelet or necklace. 3. Hermes Kelly Rose Gold – $2 Million The Kelly bag is an early Hermès bag. It was renamed “Kelly Bag” because it was used by Princess Kelly, the fashion icon. There are only 12 Hermes rose gold Kelly bags in the world, and the body of the bag is inlaid with 1160 diamonds, which is very shining. 2. Mouawad 1001 Nights Diamond Purse – $3.8 Million Since 2011, the Mouawad 1001 Nights Diamond Purse has held the title of most expensive handbag in the world, according to the Guiness Book of World Records. From the Emirati luxury goods company, which has five Guinness World Records for some of the most priceless items in the world, this is to be expected. This includes the Mouawad 1001 Nights Diamond Purse, an intricately constructed purse made of 18-karat gold and laboriously manufactured over the course of 8,800 hours by workers. A total of 4,517 diamonds, including 105 yellow diamonds, 56 pink diamonds, and 4,356 colorless diamonds, are set within […]

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