Hermes Handbag Auctioned for Nearly $205K - NBC 5 Dallas-Fort Worth

Hermes Handbag Auctioned for Nearly $205K

The red Birkin bag featuring gold and diamond hardware was in mint condition



    All Dressed in White
    Heritage Auctions
    Heritage Auctions says the red alligator Hermes Birkin bag featuring 18K gold and diamond hardware and was "pristine condition."

    To the untutored eye, it looks a red alligator handbag. Ah, that is where a Dallas auction house says you missed your mark.

    Heritage Auctions announced that it has sold an Hermes Diamond Birkin handbag for $203,150 in bidding that ended Tuesday.

    Heritage spokesman Noah Fleisher said the bag went to a collector who wished to remain anonymous.

    Fleisher says the bag is made of crocodile hide and features 18-karat white gold, diamond-encrusted hardware. He says a similar bag without the jewels and in lesser condition was sold for $77,000 at auction in England a year ago.

    Fleisher says the vivid red color, diamonds and mint condition enhanced the value of the bag auctioned Tuesday.

    In all, four Hermes handbags sold at auction Tuesday for a total of $432,938.