They pay £162,000 for a handbag but can’t pay income tax

https://www.theguardian.com/fashion/2019/jun/12/hermes-birkin-bag-sells-for-162500-in-london-auction

 

Hermès Birkin bag sells for £162,500 in London auction

Birkin 35 sells for over double its estimate at Christie’s sale which fetched £3.4m

A black niloticus crocodile Birkin 35 bag, left.
 A black niloticus crocodile Birkin 35 bag, left, and a mother of pearl Chanel bag, right, in auction at Christie’s in 2017. Photograph: Christian Sinibaldi/The Guardian

Hermès Birkin bag sold for £162,500 at Christie’s, in London, on Tuesday, shattering its predicted sales price of £70-90,000.

The 2015 Himalaya niloticus crocodile Birkin 35 was not the only bag to exceed expectations, with a 2007 Hermès shiny ficelle porosus crocodile Birkin selling for £118,750, following estimates of £50,000-70,000.