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Would you fork out £279k on a HANDBAG? Rare Hermes Birkin bag costs as much as a house | The Sun

Would you fork out £279k on a HANDBAG? Rare Hermes Birkin bag costs as much as a house | The Sun

WHAT would you do if you had £279,000 to chuck at your shopping list? Buy a house… or a secondhand HANDBAG?

Yes, that’s right: Hermès’ holy grail of bags, the Himalya Birkin, was sold last year for $380,000 (£279,000) at a Christie’s auction to a private Asian collector.

The 2014 bag was crafted from Nilo crocodile hide and encrusted with 18-carat white gold and diamond details.

The tote’s skin comes from an almost albino crocodile specifically bred for Hermès.

For that same price, you could buy a house as the average UK home costs £223,285.

Incredulously, you’d even have money left over to spend.

The Birkin Bag

The Birkin bag was originally manufactured for the actress Jane Birkin after she complained it was difficult to find a weekend bag she liked
Evidently, there’s a serious lot of hype around this bag. But, why?
Originally, it was manufactured for the actress Jane Birkin after she complained to Jean-Louis
Dumas that it was difficult to find a leather weekend bag she liked.
The incident took place on a 1981 flight to London.
Voila! The Birkin bag was born.
Since 1984, Hermes has produced various versions of the Birkin bag, all differing in price and size. Kim Kardashian is a fan, especially of her Himalaya Birkin
Kim is a HUGE fan of Hermès. Like all of her sisters, she is rarely seen without one of the expensive totes
Since this serendipitous meeting, different variations of the Birkin bag have come out. 

Subsequently, the prices range too: they start from $11,900 (£8,397) to $380,000 (£279,000).

And while most of us could never afford to cough up that kind of cash, celeb fans include the Kardashians, Victoria Beckham and Mariah Carey.

Victoria is also often pictured carrying her Himalaya Birkin, which was a present from husband David
These high-end bags have certainly come a long way from when Princess Grace of Monaco used a Hermes Sac to hide her growing baby bump from the press. 

Subsequently, this other must-have Hermes bag is now known as the Grace.

Collectors’ Items

For many, a Birkin bag is a collectors’ item. Mariah Carey is rarely seen without hers
For many, a Birkin bag is a collectors’ item. Mariah Carey is rarely seen without hers
For many of us, the idea of spending such a ridiculous sum on a secondhand bag seems silly.

But, if you’ve got the riches, it’s certainly worth the splurge.

Interest in secondhand Hermes bags has grown rapidly over the years, and not just simply for the nostalgia of them.

Investment bank Jefferies told the BBC that some bags can generate returns of about 30% a year.

The Kardashians are big Hermes bag fans. Their interest in the bag has made the profile of the Birkin grow
Plus, if you’re after a new one there’s a waiting list.

Those in pursuit of a Birkin can wait up to seven YEARS for a chance to get hold of one.

If it’s a rare version, like the Himalaya Birkin, there’s a chance you won’t even get on the list at all: they are reserved for special clientele.

So maybe it’s best to leave the overpriced bags for the likes of the Kardashians. Save your money and buy a house instead, folks.

Catherine McMaster
Editor | Writer | Content Producer Editor - Sunseeker Magazine Editor - Gaggenau Magazine Editor - Unique Magazine Contributing Editor - THE SUN | NEWS UK

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