the essentials in brief
The most expensive bags come from the traditional fashion house Hermès.
Only special in-house creations from different jewelers and designers can match the French luxury brand’s pieces in terms of price and opulence.
Especially the use of real diamonds increases prices.
It bags are no longer just popular collector’s items, but also real investments. We’ll tell you what the most expensive bag in the world is and how absurdly high the prices of these luxury items are!
The hype about bags
Large or small, round or square, colorful or simple, in (fake) leather or raffia: bags are among the most popular accessories in the fashion sector. Not only can they enhance just about any outfit, but they’re also practical at best. They store important items like wallets, keys and smartphones, and we often search frantically for chewing gum or lip balm. As different as the contents of the bags are, so are the appearance and quality. There are countless classics, eye-catching games and real collector’s items.
You have to dig deeper into your pockets, especially for collectibles. This can be several hundred euros: there appears to be no maximum limit. You can spend several (ten) thousand euros on designer bags in the blink of an eye. Some of the most famous designer brands include traditional houses Chanel, Dior and not forgetting Hermès. Their unique models not only have many fans, but also a long history. The best example of this is the highly sought-after Hermès Birkin bag, which owes its name to the model, actress and singer Jane Birkin.
And it is precisely this that makes these bags not only faithful companions in everyday life, but also highly sought after collector’s and investment items. Bags are now as fashionable as watches and designer bags, real investments. Iconic It bags with recognition value quickly reach double the original selling price, obviously based on:
- personal preferences
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The “Himalayan Nilotic Crocodile Diamond Birkin” by Hermès
The price range of a Birkin bag from Hermès is currently between around 9,000 euros and several hundred thousand euros. One of the most expensive Birkins in the world was sold at auction by the London auction house Christie’s in Hong Kong in 2019 and reached a price of around 350,000 euros (although the data differs depending on the source). The expensive piece is a very special model, namely the “Himalaya Niloticus Crocodile Diamond Birkin 30”. It is made of genuine crocodile leather, white gold hardware and high-quality diamonds. Why exotic leather continues to be marketed so well today is questionable in terms of ethics and morals. Even though it has a high price tag, it is still far from being the most expensive bag in the world.
The highest value of Hermés is the “Diamond Sac Bijou”, of which there are only three pieces in the world. Its retail value is approximately $2 million and is set with 2,712 diamonds. The highlight: It’s not actually a bag, even though it’s fully functional. The “Diamond Sac Bijou” comes from the “Haute Bijouterie Collection” and is intended as a bracelet. But what is the most expensive bag in the world?
The most expensive bag in the world: a creation by Debbie Wingham
Debbie Wingham is actually a multimedia artist and has a penchant for elaborate, refined and, above all, expensive designs. In 2019 you created a bespoke piece for an anonymous customer from the USA, who gave the British designer some valuable pieces to transform into a bag. The self-described celebrity stylist is known for her over-the-top custom pieces.
The $6.7 million bag includes an 8,000-diamond Hermès scarf, a platinum and 24-karat gold frame (worth $250,000), and a pair of Cartier earrings (worth $40,000). But that’s not the only way English has made a name for itself. She is known for various expensive creations that top the “world’s most expensive” list and has customers all over the world.
This is what the most expensive bag in the world looks like
The same goes for jeweler Robert Mouward, who entered the Guinness Book of Records in 2010 with one of his designer pieces and topped the list of the most expensive bags in the world. The unique heart-shaped piece is called “1001”. It contains 4,517 diamonds, of which 105 yellow and 56 pink. It took 10 craftsmen approximately 8,800 hours to complete. And of course this costs money. The bag reached a selling price of US$3.4 million. The Mouawad jeweler also holds other records in the luxury segment.