The Free Press Journal

10-year-old bag gets $217,144, European record for costliest in an auction

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LONDON: A 10-year-old secondhand Hermes Birkin bag has sold for $217,144 in London, a new European record for the most expensive handbag sold at an auction.The 2008 Himalaya Birkin, with an 18-carat white gold diamond encrusted lock, exceeded its list price of 100,000-150,000 pounds on Tuesday, reports the BBC.The record for a bag sold at auction - also a Hermes Birkin is $380,000, set in Hong Kong in 2017.It is the "undisputed most valuable bag in the world", auction house Christie's said. It was first time the bag had been offered in a European auction, said Matthew Rubinger, internatio­nal director at the auctioneer­s.

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