Hermes Handbag Sells For $22,000 in Hong Kong Auction

HEREAn Herm?s Birkin bag with diamonds set a record for the most expensive handbag ever sold at auction, bringing 1.72 million Hong Kong dollars ($221,846). According to the Wall Street Journal, the fuchsia bag sold at Christie?s afternoon handbag auction in Hong Kong on Monday, and was purchased by an unknown bidder on the phone.

The previous record for a handbag was set in 2011, when a red Birkin with diamonds sold for $203,150 at Heritage Auctions in New York. That same year, a diamond and gold handbag once owned by Elizabeth Taylor sold at Christie?s for $218,500, but that item was listed in the jewelry category.

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