$300,000 Birkin Bag sets new price record
By: Amanda Kabbabe/Alyse Barker
Often, it's what's on the inside that counts.
Unless you're purchasing the latest Birkin Bag, in which case it's what's on the outside that counts, since you likely won't have any money left over to actually carry.
The latest Birkin Bag, a matte white Himalaya Niloticus, sold in Hong Kong for more than $300,000.
To put that into perspective, that's more than twice what the average college student pays in private school tuition.
Hermès, the maker of the bag, has long been selling the coveted purses at an extravagant price. But the company has never produced one as extravagant as this.
In general, the bags are expensive due to their high demand. Though Hermès has never publicly said how many Birkin bags are produced, it is speculated that only two are made each year.
The Himalaya Niloticus is donned in 18-karat white gold and diamonds, which drove up the price. It is also made of a rare white crocodile skin to simulate the white snowcaps of the Himalayan mountains.
Kanye West is surely kicking himself that he didn't get to the bag first. The white crocodile skin would have made a perfect blank canvas for daughter North to paint on... again.
Whether you carry a Birkin Bag or not, you shouldn't leave the house without these items in your purse: