Birken Bags All Time High


Imagine? Maybe it’s a case of frugality fatigue in the extreme, but wealthy collectors have been snapping up rare Hermès Birkins at auction often for prices more than double the full retail. Last week Christie sold “Blue Abyss” crocodile Birkin from Hermès’ 2010 collection for about $63,874—not far off the record set last November of $76,300 for 2004 black crocodile Birkin.
Coveted due to their rarity and the usually long wait lists Hermès has, Birkins continue to be the ultimate "it" handbags. Christie's is finding affluent consumers who want them are willing to pay more than Hermès retail to get them at auction. All told, for the 81 Hermès bag up for auction, Christie’s raised more than $735,000.
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1 comment:

bobbi said...

I find it amazing how much money people will spend on a purse. I guess at these prices it is a collector's item. Nice hobby. 9>)