Authentic Black Hermes Hand Bag, Width: 14 Inches, Height: 15 Inches. The Birkin bag (or simply Birkin) is a kind of tote bag introduced in 1984 by the French luxury goods maker Hermès. Birkin bags are handmade from leather and are named after the English-French actress and singer Jane Birkin. The bag quickly became a symbol of wealth and exclusivity due to its high price and assumed long waiting lists.[1] Birkins are a popular item with handbag collectors, and were once seen as the rarest handbag in the world.[2][3] The bag's value is a matter of its intentionally high price, which has led to its being described as a Veblen good.[4][5]In 2020, prices started at US$11,000 for regular leather. The price has reached US$380,000 (HK$2.94 million) when a bag made of exotic skin and diamond was sold at auction by Christie's in Hong Kong for a record price in May 2017.[4][6] Costs can vary widely according to the type of leather, if exotic skins are used, and if precious metals and jewels are part of the bag. Birkins are distributed to Hermès boutiques on unpredictable schedules and in limited quantities, which creates artificial scarcity and exclusivity; however, the bags have also flooded the upscale resale market and are frequently sold in second-hand boutiques (resellers) and through social media. Please visit Christies website Collecting Guide: Hermes Hardware: https://www.christies.com/features/collecting-guide-hermes-hardware-12538-1.aspx

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