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Who would pay US$300,000 for a handbag?

The Hermes signature Birkin with Himalayan crocodile leather and diamonds that sold for a record US$300,168 last Monday in Hong Kong. Christie's now holds twice-yearly handbag and accessory auctions in Hong Kong.

Hong Kong

IN a packed bidding room last Monday, Christie's Hong Kong hosted its 30th-anniversary auction. The tightly curated catalogue featured 30 lots, each chosen for its desirability and origin in categories such as fine art, ancient ceramics, jewellery, watches, and rare wines.