A model carries a Hermes Signature Birkin with Himalayan crocodile leather during a preview in Hong Kong. The buckle and the padlock are made of 18 carat white gold. Photo: Reuters

A version carries a Hermes Signature Birkin with Himalayan crocodile leather-based all through a preview in Hong Kong. The buckle and the padlock are product of 18 carat white gold. Picture: Reuters
Hong Kong: A diamond-encrusted crocodile-skin Hermes purse with white gold details has damaged thedocument for the sector’s most highly-priced ever offered at auction, fetching nearly $three hundred,000 at a Hong Kong sale.

The uncommon Himalaya Niloticus Crocodile Diamond Birkin 30 went to an unknown phone bidder overdueMonday for HK$2.32 million ($298,655), beating a pre-sale estimate of $2 million, the auction houseChristie’s said.

“It become the arena record fee for any handbag offered at public sale,” Bingle Lee, a Hong Kong-based totally spokesman for Christie’s, advised AFP.

Fashion designer handbags are increasingly more visible as investment possibilities and are thebrand new craze for collectors, taking global public sale homes by using storm and scoring recordcosts.

The new record beat one set last year, also in Hong Kong, when a fuchsia-colored Hermes bag bought for $222,912.

The home made bag—defined by means of the London-based auctioneers as the “rarest, maximumsought-after”—is encrusted with diamonds, whilst the buckle and trademark mini Hermes padlock are made of 18 carat white gold.

It is believed that simplest one or of the Diamond Himalayas are produced each 12 months, globally, making it one of the lowest manufacturing runs for handbags,” Christie’s said in a assertion issued earlier than the sale.

The bag was made in 2008 and is from Hermes’ iconic “Birkin” series named after actress and singer Jane Birkin, who turned into born in Britain and lives in France.

A smaller Himalaya Niloticus Crocodile Diamond Birkin 25 handbag will pass below the hammer on Wednesday with an estimate charge of HK$1.3 million to HK$1.5 million.

The auction was a part of the firm’s thirtieth anniversary sales to mark its presence in Asia, with a variety of luxurious items on offer, which include Chinese language paintings, watches and wine.