Even within the lavish world of luxury bags, these pieces truly stand above the rest when it comes to fetching jaw-dropping prices—with one sold for $3.6 million.
The luxury industry is no stranger to sophisticated goods with high price tags. However, even in the world of exquisite designer items, there are pieces that go above and beyond the usual sale values. More often than not, these are limited and custom items that are carefully crafted for prestigious luxury brands.
While six-figure prices are quite impressive, the most valuable bags in the world have sold for nine figures a piece. Created by some of the industry’s finest designers, these handbags boast exquisite looks and materials that are on par with their market value:
Mouawad 1001 Nights Diamond Purse — $3.6 million
Mouawad is a luxury brand that’s dedicated to creating one-of-a-kind opulent pieces. It made history with its 1001 Nights Diamond Purse, which was named the world’s most valuable handbag in 2011 by the Guinness World Records. With a price tag of $3.8 million, the unique piece is composed of 18-karat gold and 4,517 diamonds.
More specifically, the bag is encrusted with 105 yellow, 56 pink, and 4,356 colorless diamonds that total 381.92 carats. Given its intricate design, it’s no surprise that 10 skilled artisans took 8,800 hours to make it. The piece was later exhibited and sold by Christie’s through a private sale.
Hermès Kelly Rose Gold bag — $2 million
The Kelly Rose Gold bag (also known as the Sac Bijou Birkin) is the most expensive Birkin ever made in Hermès’ long history since it debuted in 2012. Valued at $2 million, the piece was a collaboration between the brand and renowned shoe designer Pierre Hardy.
Made from solid rose-gold (patterned like crocodile-skin) and 1,160 diamonds, the bag is truly a sight to behold. Only three of its kind exist in the world, hence its high value.
Hermès Chaine d’Ancre by Pierre Hardy — $2 million
Yet another piece by Pierre Hardy, the Hermès Chaine d’Ancre sports a unique and grandiose design. Although it shares the same name as the leather totes from the brand’s Spring/Summer 2020 collection, this bag is an entirely different piece made from white gold chains encrusted with 11,000 diamonds.
Ginza Tanaka Hermès Birkin — $1.4 million
When it comes to the world’s priciest bags, Hermès consistently holds the record for producing the most items in the list of nine-figure pieces. Their Birkin created by Japanese designer Ginza Tanaka is no exception with its price tag of $1.4 million.
The precious piece is made of platinum and covered in 2,000 diamonds. Released in 2008, the bag also has a teardrop-shaped centerpiece that doubles as a brooch.
Banner photo from Christie’s official website.