Hermès Birkin bags are known to be the most expensive bags globally. Despite the pandemic, the bags have seen a rise in sales in various stores, with the average price of a Birkin bag ranging from $10,000 to $500,000.
A 2017 study found that the value of Hermès Birkin bags had increased by 500% over the past 35 years, an increase of 14% per year. In 2019, professional sports betting consultant David “Vegas Dave” Oancea bought a Himalaya Birkin 35 for $500,000 (€420,500).
Auction house Christie’s says that one of its two highest selling handbags in history is a Birkin made of crocodile skin that went for nearly $390,000 in November. The other was a Kelly bag, also by Hermès, that sold for close to $450,000.
No matter how expensive Hermès Birkin bags are, they seem to be an accessory that is sometimes even considered a better…