By  on June 1, 2017

Continuing a streak of hot auction records, Christie’s on Wednesday sold what is now the world’s most expensive handbag for $379,261. The 2014 white Himalayan crocodile diamond Birkin went up for bidding in Hong Kong, fetching well above its pre-sale estimates of $193,432 to $257,909.

Despite its name, the Himalayas have nothing to do with the origin of the bag but is instead a reference to the gradation of color, with the blending of smoky-gray into a pearly-white meant to resemble the snow-capped mountain range. 

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