The original Birkin bag sold for a record €8.58 million ($10 million) at auction, showing demand remains robust for unique luxury collectibles.
The black leather Hermès handbag made some forty years ago for the late singer and actress Jane Birkin was sold in a bidding war that lasted more than 10 minutes at Sotheby’s in Paris Thursday. Valuence Japan, a Tokyo-based re-seller of designer goods, said it was the buyer. Bidding was conducted via telephone, according to the auction house.