<p class="Body">We’ve reported a while back on how the Birkin bag has become a highly coveted and profitable gold-mine in the fashion industry but who knew that it would be making literal history!</p>
<p class="Body">According to CNN, an auction was held on May 30, under auction house Christie, located in Hong Kong. A special Asian collector won a bid for the most rare white-matte Himalayan crocodile leather bag for a whopping $300,168&#8230; making it the most expensive bag ever sold! This bag also comes decked out with 18k white gold and diamond embellishing.</p>
<p class="Body">&#8220;The diamond pieces created by Hermes are exceptional, but none are nearly as iconic as the Himalaya,&#8221; Christie&#8217;s said in a press release. &#8220;It is believed that only one or two of the Diamond Himalayas are produced each year, globally, making it one of the lowest production runs for handbags.”</p>
<p class="Body">This buy beats out the fuscia diamond-encrusted Hermes bag that was sold at an auction for $220,000 last year.</p>
<p class="Default">“By not telling ladies how many are manufactured in a year, the idea that these are scarce makes them more desirable. It is human nature to want what others cannot get,&#8221; New York appraiser, Helaine Fendelman said.</p>
<p class="Body">We know diamonds are a girl&#8217;s best friend but the Birkin is definitely giving it some crazy competition! Lets chat below!</p>
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<p class="Body">TSR Intern: Charise W.</p>
<p class="Body">Instagram: @planet_reese</p>
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<p class="Body">http://www.cnn.com/2016/05/30/luxury/diamond-encrusted-hermes-birkin-christies-auction-record/</p>
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