This ten year old designer handbag is officially one of the most expensive in the world

How many Topshop purses will that get us?

crocodile birkin bag
(Image credit: PIXELFORMULA/SIPA/REX/Shutterstock)

How many Topshop purses will that get us?

If you’ve been saving up for a dream designer handbag, you might want to scrap this one from your wishlist. The Hermes Birkin bag has long been a favourite of the rich fashion pack with a notoriously long wait list. It just made its case as the best designer investment piece ever as a rare version just broke a European record at auction, landing a very happy seller a cushy sum.

The bag in question is a ten year old Himalaya Niloticus Birkin bag crafted from Nile crocodile skin, which comes with 18-carat white gold hardware and more than 200 diamonds to boot. It was expected to go for a casual £100-150k at a London auction yesterday, but blew past expectations with a final closing price of £162,500.

crocodile birkin bag

Christie's

This Birkin is now officially the most expensive handbag ever sold at a European auction and the second-most expensive handbag ever. The top honour goes to another Birkin bag in a similar style which went for £253,700 in Hong Kong last year.

Christie’s said the Himalaya Niloticus Birkin 30 was the ‘undisputed most valuable bag in the world’, due to the fact that they’re incredible difficult to craft. Named the Himalaya after the snowy white shade of the bag, albino crocodiles are very difficult to come by and the skill required to dye crocodile hide to such a degree is astronomical.

crocodile birkin bag

Olivier Degoulange/REX/Shutterstock
(Image credit: Olivier Degoulange/REX/Shutterstock)

Unsurprisingly, Hermes only make a couple of them a year.

It won't come as a shock that a number of A-listers love the bag, with the likes of Celine Dion and Kim Kardashian touting the wearable savings account around (you can see Kim with hers below).

crocodile birkin bag

Broadimage/REX/Shutterstock
(Image credit: Broadimage/REX/Shutterstock)

David Beckham actually bought a similar Himalaya Birkin for a reported £80,000, a tidy gift for his wife Victoria Beckham.

At the same auction, a blue Birkin bag from 2006 also went for £100,000. Forget buying a house, it sounds like a Birkin’s a safer investment.

Megan C. Hills

Megan is a freelance journalist who covers entertainment and all things lifestyle, with a particular passion for fashion, beauty, travel and Keanu Reeves stories. She has previously worked on staff for titles including Marie Claire UK, CNN Style and The Evening Standard and has written for titles such as Bustle UK, Wallpaper*, Forbes and Hong Kong Tatler. She splits her time between London and her hometown Hong Kong, where she currently lives with the love of her life - an elderly dog named Poppy - and her husband.