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Vintage Hermès Birkin bag sells for record £162,500 in London

A secondhand diamond-encrusted Hermès bag has sole for £162,500 in London, apropos a many costly purse ever sole during auction in Europe.

The 10-year-old bag, done of Nile crocodile skin and pronounced to be in “grade-two condition” with no apparent flaws, went underneath a produce during Christie’s on Tuesday.

The Himalaya Birkin bag, that facilities an 18-carat, white gold, diamond-encrusted lock, exceeded a list cost of £100,000-£150,000.

A 2006 chronicle of a purse in blue sole for £100,000 during a same auction.

The bag is 30cm wide, smaller than a strange designed by a French conform residence in 1981.

Himalaya refers to a bag’s colour, that is pronounced to resemble a snowy Asian towering range, while Birkin is in honour of a thespian and actor Jane Birkin.

Birkin met a arch executive of Hermès on a moody from Paris to London, and he offering to pattern her a holdall and asked if he could name it after her. She pronounced she was “flattered to death” and replied: “Yes, yes, yes.”

Bags of this form are now some of a many sought-after accessories in a universe and have been popularised by high-profile TV shows such as Sex and a City. In one episode, Kim Cattrall’s impression Samantha pretends that a singer Lucy Liu is a customer in sequence to get to a tip of a watchful list for a bag.

These days, we might mark Victoria Beckham, Céline Dion or Kim Kardashian with a Himalaya on their arm.

Such bags mostly have present watchful lists as shortly as they sell and there is also a hum around them as investment pieces.

Art collectors have also been captivated to them, widening their interest distant over a normal buyers of a crocodile-skin bags. Accordingly, a marketplace is expansive and mostly driven by direct for Hermès Birkin and Kelly bags, that comment for about 90% of tellurian auction sales.

Two Hermès Birkin bags sole for £130,000 and £119,000 during Christie’s in Hong Kong final month, distant surpassing their estimates.

It was a initial time a diamond-encrusted Hermès Birkin bag had been offering in a European auction. The sale did not, however, conduct to improved a £253,000 record for a bag sole during auction – also a Hermès Birkin – set in Hong Kong final year.

That is a “undisputed many profitable bag in a world”, Christie’s said.

Article source: https://www.theguardian.com/fashion/2018/jun/13/vintage-hermes-birkin-bag-sells-for-record-162500-in-london

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