While most people headed for the post-Christmas sales, a group of handbag lovers headed for an exclusive auction in Dallas, Auction, with one picking up this one-of-a-king Hermes bag for $125,000. It was only expected to sell for $50,000
A one-of-a-kind Hermes handbag, made of matte crocodile and Togo leather and featuring built-in feet, has sold for well over double its estimate at an exclusive auction in Texas to become the world's most valuable bag.
The 'Geranium Porosus' bag is believed to have been made in 2010 as part of a Petit H Exhibition, a Hermes project in London at the time that gathered numerous rare materials and fabrics and had the world's best craftsmen create something with them.
The unique tote, which measures 32cm, would have originally retailed for about $60,000 and was expected to getch about $50,000 at the Holiday Luxury Signature Auction in Dallas over the weekend.
However, an unknown buyer put down $125,000, and shot it straight to the history books
That's what you call color blocking: This bag, featuring three vibrant colors, had a starting bid of $7000 but ended up selling for five times that amount at $35,000
This crocodile bag managed to catch the eye of 17 bidders. It's color is said to be very difficult to achieve in the dying process. It eventually sold for $65,625
Don't let the little ones fool you: This Hermes Shiny Geranium Nilo Crocodile Kelly Cut Clutch Bag with Permabrass Hardware was described as 'the ultimate clutch' and came with rose gold detailing. It sold for $28,750
Source:http://www.dailymail.co.uk/
A one-of-a-kind Hermes handbag, made of matte crocodile and Togo leather and featuring built-in feet, has sold for well over double its estimate at an exclusive auction in Texas to become the world's most valuable bag.
The 'Geranium Porosus' bag is believed to have been made in 2010 as part of a Petit H Exhibition, a Hermes project in London at the time that gathered numerous rare materials and fabrics and had the world's best craftsmen create something with them.
The unique tote, which measures 32cm, would have originally retailed for about $60,000 and was expected to getch about $50,000 at the Holiday Luxury Signature Auction in Dallas over the weekend.
However, an unknown buyer put down $125,000, and shot it straight to the history books
That's what you call color blocking: This bag, featuring three vibrant colors, had a starting bid of $7000 but ended up selling for five times that amount at $35,000
This crocodile bag managed to catch the eye of 17 bidders. It's color is said to be very difficult to achieve in the dying process. It eventually sold for $65,625
Don't let the little ones fool you: This Hermes Shiny Geranium Nilo Crocodile Kelly Cut Clutch Bag with Permabrass Hardware was described as 'the ultimate clutch' and came with rose gold detailing. It sold for $28,750
Source:http://www.dailymail.co.uk/
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