The 10 Most Expensive Handbags

The 10 Most Expensive Handbags

The handbag was initially developed as a tool to gather supplies, store, and export loose food, but it has since developed into much more than that. It has moved beyond its technological purpose to become a style choice, a demonstration of financial prowess, as well as, arguably, a most crucial item in a product’s lineup, heavily reliant on it to generate steady cash flow. 

There is something fundamentally nonsensical about fashion, even how sensible all the intellectual defenses are. A lot of design is influenced by feeling and situation, and aren’t we all trying to feel pretty superior about ourselves at the end of the day? What if a bag that costs a fortune and is probably overpriced gets us there?

Let’s read about the 10 Most Expensive Handbags in the World 

11. Blue Crocodile Hermes Birkin Handbag – $150,000

The eleventh most expensive handbag is Blue Crocodile Hermes Birkin Handbag. A stunning $136,146.25 was paid for such a Blue Crocodile Hermes Birkin purse at the very first Christie’s devoted handbag auction in Mayfair, London, helping it to make our list of the top 10. 

With this, it was able to break the mark for the most expensive handbag ever sold in Europe. Several worldwide bidders attempted to purchase the platinum and 18-karat diamond-encrusted Birkin handbags, but an undisclosed buyer ultimately purchased the cherished property.

10. Hermes Kelly Rose Gold – $2 million

Hermes Kelly Rose Gold
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The tenth most expensive handbag is Hermes Kelly Rose Gold. In association with jeweler and footwear designer Pierre Hardy, Hermes created the special run Kelly Rose Gold handbag. There were only 12 manufactured, and it is composed of rose gold that has been sculpted to resemble crocodile skin. The purse is valued at $2 million USD. 

Stunning gemstones like black spinels and a selection of valuable metals, such as rose, white, and yellow gold, are used to convey the collection. French manufacturer Pierre Hardy makes distinctive high-end footwear and products.

9. Hermes Exceptional Collection Shiny Rouge H Porosus Crocodile 30 cm Birkin Bag – $203,150

 Hermes Exceptional Collection Shiny Rouge H Porosus Crocodile 30 cm Birkin Bag
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The ninth most expensive handbag is Hermes Exceptional Collection Shiny Rouge H Porosus Crocodile 30 cm Birkin Bag. It is clear from the handbag’s official title, Hermes Exceptional Selection Shiny Ruby H Porosus Crocodile 30 cm Birkin Handbag featuring 18K Platinum & Diamond Hardware, why something continues to rank among the most expensive purses ever made. 

The unknown bidder at Heritage Auctioneer in Dallas, Texas, won the bidding on this red Birkin Bag a few years ago.

8. Fuchsia Diamond-Studded Hermes Birkin – $222,000

Fuchsia Diamond-Studded Hermes Birkin
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The eighth most expensive handbag is Fuchsia Diamond-Studded Hermes Birkin. The famous Chanel emblems stand out again on Chanel’s Diamond Forever handbag, which has a simple and sophisticated appearance. 

This Diamond Forever is composed of premium crocodile material and a 3.56-carat white gold set with 334 diamonds. It is possible to separate the strap consisting of such an 18-karat gold chain. Aside from the components, rarity—only 13 of these objects were produced—is another reason for its heavy price.

7. Diamond Forever Chanel Handbag – $261.000

Diamond Forever Chanel Handbag
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The seventh most expensive handbag is Diamond Forever Chanel. Nothing will ever surpass the traditional, and this purse represents the classic. It is crafted from premium leather and boasts 334 diamonds with a combined weight of 3.65 carats. 

The price of such a bag, which includes the white gold straps, is $261,000, additionally, it is available. There have been only 13 made, & 5 of them will be produced in the US.

6. Hermes Matte Crocodile Birkin Bag – $379,000

Hermes Matte Crocodile Birkin Bag
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The sixth most expensive handbag is Hermes Matte Crocodile Birkin Bag. The actress and singer Jane Birkin is honored by the creation of this purse. The clasps are adorned with stunning 10-carat white diamonds and thus are constructed of premium crocodile material. 

If you can get your hands on one of these bags, you will undoubtedly feel like the luckiest person alive. If you are unable to purchase one, Hermes has produced a budget-friendly variant that costs only $5,000. For most people, this price is likewise a hefty expense, but though you can spend it, you should.

5. Lana Marks Cleopatra Bag – $400,000

Lana Marks Cleopatra Clutch
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The fifth most expensive handbag is Lana Marks Cleopatra Bag. Celebs on the red carpet love carrying this pricey purse. Typically, just one Cleopatra bag every year is produced, and each bag has a unique appearance in terms of color and pattern. 

Up until this point, Li Bingbing, a Chinese musician, and model, has had the most expensive Cleopatra clutch. Lina Marks and strategists specifically created an American alligator leather with 1,600 40-carat diamonds to suit her lovely outfit. Li Bingbing’s name was also engraved in pink gold but also pink diamonds.

4.  Hermes Chaine’d Ancre Bag – $1.4 Million

Hermes Chaine’d Ancre Bag
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The fourth most expensive handbag is Hermes  Chaine’d Ancre Bag  A sac-bijou crafted of white gold with 11,303 diamonds weighing 86.24 carats is this Hermès Chaine d’Ancre bag. The bottom of the handbag has a sizable “Chaine d’Ancre” motif. 

The bag is 27 x 16.5 x 3.5 cm (L x H x D) in size and thus is available at Hermes stores for USD 11200 or EUR 8000. Such a brand’s “Haute Bijouterie” Collection in 2012, was designed in association with renowned jeweler Pierre Hardy and cost USD 1.4 million. 

3. Hermes Birkin Blue Bag by Ginza Tanaka – $1.9 million

Hermes Birkin Bag by Ginza Tanaka
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The third most expensive handbag is Hermes Birkin Blue Bag by Ginza Tanaka. Together with Ginza Tanaka, Hermes intended to create a Birkin bag. They collaborated with a well-known Japanese artist, and the result is magnificent. 

The bag is made of platinum, which is an expensive material in and of itself, and it also features 2000 diamonds, which seem to be visible gleaming in the bag’s external layer. The bag also has a removable diamond strap that you can wear as a pendant or bracelet.

2. Hermes Kelly Rose Gold – Most Expensive Handbag: – $2 Million

 Hermes Kelly Rose Gold
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The second most expensive handbag is Hermes Kelly Rose Gold. Celebrities frequently carry Hermès purses, which are one of the most well-known in the world. Hermes and jeweler Pierce Hardy collaborated to create this magnificent, sumptuous bag, which was made of pure rose gold and fashioned to seem like crocodile leather. 

This is a premier handbag that cost a lot of money. It required two years to make, only 12 of the three species were always made, and it has 1,160 diamonds scattered throughout.

1. Mouawad 1001 Nights Diamond Purse – $3.8 Million

Mouawad 1001 Nights Diamond Purse
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The first most expensive handbag is Mouawad 1001 Nights Diamond Purse. The Guinness Book of Records has officially recognized the Mouawad purse as the priciest purse ever. The Emirati luxury products business, which has now produced some of the most expensive items ever and won five World Records, can be expected to produce anything like this. 

This magnificent sculpture was created by 10 experts over 8,800 hours.

Summary- The Most Expensive Handbags

These were the top 10 priciest purses, according to the ranking. The knowledge in this post can help you select the purses that best suit your requirements and your budget. Wishing you luck as you shop for your favorite purses.

Some Frequently Asked Questions about Expensive Handbags

Q1. Who are the main consumers in this market?

Ans: It’s noteworthy that the sole female gathering category in the world of auctions is handbags. Anyway, with jewelry, men frequently purchase the pieces even if women utilize them.

Q2. Which brand of expensive handbags should you choose?

 Ans: Select the best players. With Hermès and Chanel, we’ve always had success because their products are sought-after and collectible in the marketplace, which makes them desirable in the second-hand market. The most expensive brands over the period are those where the bags are challenging to find on the stock exchange.

Q3. What things should you take into account while choosing an expensive handbag?

Ans: Always put quality first. Perfect workmanship is a crucial quality to take into account regardless of the brand. Although it may seem obvious, a well-made piece of expensive handbag will last a long time as opposed to one that is not will fall pieces and be less valuable on the private market years down the road.

Q4. What expensive handbag would you suggest a customer to buy if you could only suggest one?

Ans: I would advise choosing a classic style since we know it will maintain its value. I would currently advise a client to use one black Hermès Kelly. It is proven and tested, has withstood the passage of time, and both the direct and indirect markets only see growth.

Fun Facts on Most Expensive Handbags

  1. The handbag has only been around since the 19th century. Women used to wear boxes shaped like chains over their necks in earlier times.
  2. A pocketbook on the floor represents money out the door, according to feng shui.
  3. The typical Dutch woman’s purse weighs 2.4 kg. Because many women were then carrying heavier equipment, this number was higher a few years ago.
  4. A woman searches her handbag for nearly 76 days of her life. There are typically 15 different items in the bag.
  5. Keys, a wallet, a phone, handkerchiefs, and pencils are the handbag’s top five contents.
  6. The most costly bag ever created is coated with 4517 diamonds and formed like a heart out of 18-carat gold. The Mouawad 1001 Nights Diamond Purse is its name, and it costs over 3 million euros.

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