Christie’s set the record auction price for a handbag, selling a Birkin adorned with 18 karat gold and 10 carats of diamonds for HK$2.94 million ($380,000).
The matte white crocodile-skin purse, made by Hermes International SCA in 2014, was sold to an unidentified bidder in a sale in Hong Kong, Christie’s said in a statement Wednesday. The price exceeded the top estimate of $258,000.