The most expensive bag in South Africa has just been sold!
Marilyn Monroe sang: "Diamonds are a girl's best friend." But we think it's all about getting the bag these days...
With celebs like Cardi B and Kylie Jenner making headlines for their handbag purchases, you might have heard about the iconic Hermès Birkin bag before.
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But if you have no idea what makes the Birkin bag so special, let us tell you.
The designer Hermès Birkin bag is so valuable because it doesn't lose any value over time.
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On the contrary, it actually increases in value, by close to 14% every year!
That's why it's not only a fashion statement but like a house, is actually a long-term investment.
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The Birkin bag retails for an estimated R370,000 in South Africa, which makes it one of the most expensive handbags available on the market.
This week, Luxity.co.za, a site that lists pre-owned authentic luxury goods, listed a Hermès Birkin bag on its site.
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Within two minutes it was sold!
The bag sold for a massive R220,000, which does make it one of the most expensive bags ever sold in SA.
At Luxity, we’re no strangers to big-ticket items. It is, however, rare that we are confronted with an authentic Hermès Birkin 35 bag in the brand’s signature grainy Togo leather with gold hardware which is one of the world’s most sought-after handbags and an all-time favourite of any fashionista
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It sure is a beautiful bag, but we're still not quite convinced that it justifies the price.
We would also suggest that the new owner looks into a few insurance policies...
Main image courtesy of Luxity.com