Top 10 Most Expensive Designer Bags in the World

By Louise Garay

Handbags do more than just carry our everyday items and necessities. In a highly modern and fashion-forward world, these purses serve as a style statement that shows just who you are. 

Today, there are more and more designer bags being produced per year. Whether you are looking forward to buying your own or simply have an innate love for luxury goods, know that these handbags deserve a spot on your list.

Below are the top 10 most expensive designer bags that will make your head spin.

10. Urban Satchel Bag Louis Vuitton

 

Net Price: $150,000

Arguably one of the more controversial bags from LV, the Urban Satchel retailed for $150,000 upon its release in 2008. Often touted as ‘ugly’ and distasteful because of its avante garde approach to fashion, this bag features all sorts of weird items.

Catawiki

Including every day, urban items such as cigarette packets, tea bags, and used water bottles, this bag is a mishmash of items typically found in a modern-day bag. Its initial public run allegedly saw the Olsen twins and Anna Wintour make a play for it.

9. Hermes Exceptional Collection Shiny Rouge H Porosus Crocodile 30cm Birkin Bag

 

Net Price: $203,150

According to WWD, a bidding war for this rare piece went as high as $203,150 at the 2011 Heritage Auctions held in Dallas, Texas. The price was a surprise to bidders, especially since the purse was originally valued at just around $80,000.

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Although the collector remained anonymous, details of the Hermes creation circulated around the world. And rightly so, because it is made with solid 18-karat white gold and diamond hardware, definitely fitting for royalty.

8. Fuchsia Diamond-Studded Hermes Birkin

 

Net Price: $221,844

Another Hermes bag makes it on the list. Featuring 18-karat white gold and diamonds, the purse was sold exclusively at an auction held by Christie’s in Hong Kong in 2014.

Xupes / © Rex, Xupes

The selling price of this purse allowed the Hermes brand to beat its own record. At the time, this designer bag was dubbed as the most expensive handbag to be sold at an auction, says the Wall Street Journal

7. Chanel ‘Diamond Forever’ Flap

 

Net Price: $261,000

Diamonds are indeed a girl’s best friend. But why not get two for the price of one, eh? With the Chanel ‘Diamond Forever’ flap, you can have your precious diamonds with you at all times. Having made only 13 pieces in the world, rarity certainly factors into the price of this designer item

@GenevievedeG / Pinterest.com, Lifestyle Asia

While the purse seems another iteration of the classic 2:55, a closer look will tell you that it’s made out of fine crocodile leather. Fitted with 334 pieces of diamonds weighing 3.56 carats, this truly deserves its ‘Diamond Forever’ name. Its rich white lambskin leather perfectly complements the overall luxuriousness of the creation.

6. Niloticus Crocodile Himalaya Birkin

 

Net Price: $379,261

Considered the most desirable handbag in existence, the matte white Himalaya Niloticus Crocodile Diamond Birkin shocked the world as it sold for a whopping $379,261 in Christie’s 30th– anniversary auction in Hong Kong. Experts say what makes the handbag desirable – and pricey – is the tedious process of dyeing the albino crocodile’s skin.

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More than the dying process, the difficulty of procuring an albino crocodile makes this purse a rarity. The addition of white gold and diamond hardware definitely rack up its price.

5. Lana Marks Cleopatra Clutch

 

Net Price: $400,000

Originally designed for A-list celebrities, the Lana Marks Cleopatra clutch got its name from Elizabeth’s Taylor role of the same name. Fittingly, the most expensive purse created by the designer fell into the hands of China’s leading lady, Li Bingbing. Creating only 1 handbag per year makes her designs highly sought after.

The CEO Magazine, Lana Marks

Bingbing’s silver American alligator leather Cleopatra clutch was adorned with 1,600 white diamonds. The total carat count of this diamond-studded bag came to a total of 40 carats. 

4. Hermes Chaine’d Ancre Bag

 

Net Price: $1.4 million

Designed and created by Pierre Hardy, the Hermes Chaine’d Ancre purse retails for $1.4 million. The rarity of it – with only 3 creations around the world – might factor into its high price tag. 

Latestly / © Christie's

Apart from its rarity, the handbag also boasts of white gold studs peppered around it, totaling 1,160 pieces and equivalent to 33.94 carats. The chain design makes for a perfect statement piece that goes with whatever you’re wearing.

3. Hermes Birkin Bag by Ginza Tanaka

 

Net Price: $1.9 million

Hermes tapped designer Ginza Tanaka to make this one-of-a-kind creation. The result of the embellished purse was a 2,000-diamond crusted exterior appearance made entirely out of platinum. Tanaka is a renowned Japanese designer who infused the purse with elements from his beloved country. 

@luxurylaunches / Pinterest.com, Alux / © pearlsofprofundity.wordpress.com

What makes the designer bag unique are its different components. Compared to other bags within the Hermes selection, the Birkin bag by Ginza Tanaka features detachable elements such as the centerpiece and the sling. The centerpiece can be used as a brooch, while the sling can work as a belt, bracelet, or necklace.

2. Hermes Kelly Rose Gold

 

Net Price: $2 million

Hermes continues to stay on top of its game with its limited-edition piece created in partnership with famed jeweler Pierre Hardy. This opulent handbag is made out of 100% solid rose gold that mimics crocodile leather.

Purse Blog, The CEO Magazine

With only 12 pieces produced across three variants, it certainly deserves a spot in any bag collector’s closet. It also features 1,160 diamonds across the whole purse, making it one of the most luxurious creations from the brand.

1. Mouawad 1001 Nights Diamond Purse

 

Net Price: $3.8 million

This Robert Mouawad creation has been hailed by the Guinness World Records as the most valuable handbag around the world. Made from 18-carat gold, the heart-shaped purse has a total of 4,517 diamonds. Of these diamonds fitted within the purse, 4,356 are colorless diamonds. The remaining 105 stones are yellow in color, while 56 of these are pink. 

Straits Times / © EPA-EFE, High Jewellery Dream / @christieshandbags / Instagram.com

The total combined weight reaches a whopping 381.92 carats. Moreover, a dedicated team of 10 professionals worked painstakingly over eight thousand and eight hundred hours to craft this purse to perfection. 

WANT MORE?

 

These magnificent pieces surely take luxury to a whole new level. Now that you have learned a thing or two about the most expensive designer bags in the world, it may be high time to start saving your pennies and start dreaming about these gorgeous arm candies. 

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