7. Chanel “Diamond Forever” Handbag—$261,000
Back in 2007, there were only 13 of these bags produced and distributed. Set in 18-karat white gold, the Chanel logos are adorned with 334 diamonds totaling 3.56 carats, making them stand out against the white alligator skin. The chain made of 18-karat gold is detachable.
“Demand for these totes is also being driven by scarcity. Something that is difficult to find or obtain will be worth more, according to Meaghan Mahoney, editor of purseblog.com, a daily news and handbag review website. “A handbag, like the Chanel Diamond Forever bag, is more of an heirloom than something you use every day,” the woman claims. This handbag’s increased value stems from its limited supply and strong demand, much like an expensive car or an uncommon painting.
6. Niloticus Crocodile Himalaya Birkin—$379,000
Hermès is firmly established as a leading brand in the handbag industry with the addition of another Birkin to the roster! According to industry sources, Hermès only produces roughly 12,000 Birkins annually, with prices ranging from $10,000 to $200,000. The incredibly rare white or albino “niloticus” crocodile skin used to create this 30-centimeter-wide Himalaya Birkin bag. To mimic the snow-capped Himalayan mountains, the exotic skin is laboriously dyed over many hours.
The handbag is encrusted with over 240 diamonds and features an 18-karat gold shell. It was put up for auction at Christie’s Hong Kong in May 2017. At the time, this limited-edition Himalaya Birkin sold for an astounding $379,000. It broke all previous world records. Some of the celebrities who own the Himalaya Birkin, one of the priciest bags in the world, include Jennifer Lopez, Victoria Beckham, and Kim Kardashian.
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