Collectors can fight to pay £7m for a Birkin – but the ‘it’ handbag is no longer cool | Lauren Cochrane

10 months ago

The news that Jane Birkin’s original Hermès bag has sold for a record-breaking €8.6m (£7.4m) at auction will no doubt cause some jaws to drop to the floor. However, perhaps it should not surprise – this is a bag design that is often linked to eyewatering amounts of money. Forty years on from the prototype, it’s now less a (very expensive) symbol of style and elegance, and more a way to signal you have a lot of money and you would like everyone to know that.

A Birkin has always been expensive &...

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