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 t...
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