What is the most expensive handbag? Designer handbags are no longer considered just an accessory but rather a style statement.
From celebrities to high-reaching fashionistas of the world, they’re coveted by all. Many luxury brands like Hermès, Chanel and Louis Vuitton dominate the handbag market with their craftsmanship and exclusivity.
We have done the research so that you can find out which of these designer bags are at the top of the list when it comes to cost. Read on to discover what is considered to be “the most expensive handbag” on the market today.
What Is The Most Expensive Handbag?
The luxury bag industry is growing due to people’s desire for designer handbags, which symbolize status and sophistication.
These bags also represent a good investment because they hold their value over time and come with warranties that guarantee quality. People can choose from iconic fashion houses or up-and-coming designers, so they can be sure to find the perfect handbag to fit their needs.
1. Mouawad 1001 Nights Diamond Purse
The Mouawad 1001 Nights Diamond Purse is a luxurious and extravagant accessory that has been declared the most expensive handbag in the world by the Guinness World Records in 2011.
Valued at $3.8 million, this heart-shaped purse is made from 18-Karat gold and features 4,517 diamonds in various colors — along with 4,356 colorless ones. It was designed by high-end jewelry designer Robert Mouawad and is sure to turn heads wherever it goes.
2. Hermès Kelly Rose Gold
The Hermès Kelly Rose Gold bag is a luxurious and opulent accessory that is sure to turn heads. Designed by the renowned French fashion house in collaboration with Pierre Hardy, this bag is crafted from solid rose gold molded to resemble crocodile skin.
It is then adorned with an impressive 1,160 diamonds for an extra sparkle. This exquisite piece of craftsmanship can be yours for a whopping $2 million.
3. Hermès Chaine’d Ancre Bag
The Hermès Chaine’d Ancre Bag is a luxurious and exclusive mini-tote that has been crafted with the utmost attention to detail. This Pierre Hardy creation features white gold studs and 1,160 bits of diamonds, making it a truly stunning piece of architecture.
The bag is so rare that only three exist in the world, which makes it highly sought after by collectors. Its exclusivity has made it one of the most expensive bags ever created, with some versions retailing for as much as $2 million.
4. Hermès Birkin Bag by Ginza Tanaka
The Hermès Birkin Bag by Ginza Tanaka is a luxurious and exclusive accessory that has crossed the million dollar line. This bag is adorned with 2,000 diamonds and a pear-shaped 8-Karat removable centerpiece.
The strap of the bag is also diamond-decked and detachable, so it can be worn as separate jewelry. It sells for an astonishing $1.4 million, making it one of the most expensive bags in the world.
5. Lana Marks Cleopatra Clutch
The Cleopatra Clutch is a one-of-a-kind handbag designed by celebrity designer Lana Marks for Li Bingbing.
The exquisite craftsmanship of the bag showcases 40 karats of black diamonds, 18 karat gold, pink gold and pink diamonds inscribed with Li Bingbing’s name. Valued at $400,000, it is both a testament to Lana Marks’s quality and luxury designs and a surefire iconic piece of fashion history.
Designer handbags are becoming increasingly popular due to their symbolism of status and quality. The most expensive handbag in the world is the Mouawad 1001 Nights Diamond Purse, which is worth $3.8 million.
Other very expensive handbags are the Hermès Kelly Rose Gold ($2 million), Hermès Chaine’d Ancre Bag ($2 million), Hermès Birkin Bag by Ginza Tanaka ($1.4 million), and the Lana Marks Cleopatra Clutch ($400,000).
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