
Since we are on the subject of Hérmes and THAT cool US$91,500 croco-shirt for men, THIS is the Hérmes Birkin bag that went on sale last year at ONLY US$2 million ;-) I’m sure Tamara Ecclestone bought one (she’s the glam daughter of the Formula One boss - Bernie Ecclestone)
Hérmes Birkin and Kelly bags are some of the priciest handbags on the market, often selling for upwards of US$50,000. And now, despite the recession, designers at the French fashion house have challenged themselves with creating some of the world’s most expensive handbags. The asking price: US$1,980,034.
The Bag Is So Tiny That It Won’t Even Hold a Pair of Sunglasses … But It Does Boast More Than 1,000 Diamonds
Famed French couturier, Hermés and jeweler/shoemaker Pierre Hardy have created a series of bags that pay homage to the company’s famous Kelly and Birkin bags, with precious materials like gold and diamonds. The solid gold Kelly bag, seen at left, for instance, has been created to give the gold the appearance of a crocodile skin pattern, while the handle is studded with diamonds.

There are four versions of the bags, and only three of each will be produced, Styleist reports of the very expensive, very limited totes.
The bags are also tiny, by necessity … solid gold in a regular-sized version would make the bag too heavy to carry, as Styleite points out. And The Financial Times terms them “functionally a bracelet.”
Nevertheless, everyone seems sure the bags will be snatched up. Hermés CEO Patrick Thomas told the Times, “We are a little crazy here,” while designer Hardy, when asked who he thought would make such a luxury purchase, laughed and said, “I have no idea … but maybe they will have two bodyguards!”
Well, the price of a Hermès Birkin bag typically starts at roughly US$9,000 — and that’s IF you can even get one — there’s a very long waiting list for the coveted accessory. But, in 2011, a rare version of the bag has made that outrageously priced Olsen’s Row backpack look like garbage-bin chic.

Yes, Yes! The above red crocodile skin Hermès Birkin bag, with white gold and diamond hardware, was sold to an anonymous bidder in 2011 for a record-breaking US$203,150, at the Heritage Auctions in Dallas, Texas.
The auction price wasn’t expected to exceed US$80,000, but we imagine some wealthy Texan oil tycoon got carried away with the bidding for his wife. Revealing a little of the bag’s background, Matt Rubinger, director of luxury accessories at Heritage Auctions, explains “It was owned by a lady from Florida. She bought it in 2006 and had it as the trophy of her collection but then Hermès offered her the same bag in black and she thought that she might actually use a black one.”
And I thought America was in the middle of a recession! ;-)