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International Business Times
International Business Times
Business

The $10 Mn Bag: Original Birkin Smashes Records At Paris Auction

Jane Birkin Sotheby Paris Hermes Luxury
Singer Jane Birkin with her actor daughter Charlotte Gainsbourg weeks after her birth in 1971 (Credit: AFP)

The first-ever Birkin bag designed by French luxury brand Hermes for celebrity Jane Birkin sold for 8.58 million euros ($10 million) at a Sotheby's auction in Paris on Thursday, smashing previous price records for a handbag.

The modern design classic, owned by a well-known Paris-based handbag collector, sparked a telephone bidding war up to 7 million euros, with the final sale price set at 8.58 million with commission and fees, the Sotheby's website showed.

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