10-year-old bag sold for $217,144 in London auction
London, June 13 : A 10-year-old second-hand Hermes Birkin bag has sold for $217,144 in London, a new European record for the most expensive handbag sold at an auction.
The 2008 Himalaya Birkin, with an 18-carat white gold diamond encrusted lock, exceeded its list price of 100,000-150,000 pounds on Tuesday, reports the BBC.
The record for a bag sold at auction - also a Hermes Birkin - is $380,000, set in Hong Kong in 2017. It is the "undisputed most valuable bag in the world", auction house Christie's said.
It was first time the bag had been offered in a European auction, said Matthew Rubinger, international director at the auctioneers. The niloticus crocodile bag was said to be in "grade 2 condition" with no obvious flaws.
It measures just 30 cm wide - smaller than the original Birkin handbag - and is made from nilo crocodile hide and features diamonds.
Its name refers to the colour gradient, said to resemble the snow-capped hills of the Himalayas. A 2006 blue version of the handbag sold for $133,608 at the same auction on Tuesday, the BBC reported.
New Birkin bags can start at around $9,350 each, but they are not easy to buy, with famously long waiting lists.
The French luxury fashion house Hermes designed what became known as the Birkin in 1981.
Named after the singer and actress Jane Birkin, it has become one of the most sought-after accessories in the world, but it began as a quest for the perfect holdall.
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Kumaraswamy to visit Andrew Yule's tea gardens in Assam soon
Guwahati(PTI): Union Minister H D Kumaraswamy on Monday said he would soon visit tea gardens, owned by public sector enterprise Andrew Yule, to revive its estates as workers are facing immense hardship.
Kumaraswamy, the minister of steel and heavy industries, thanked Assam Industries Minister Bimal Borah for apprising him of various challenges being faced by the tea gardens and the need to support the management to alleviate suffering of workers.
"We are concerned about the economic challenges and hardship of the tea gardens owned by Andrew Yule Group in Assam and its impact on the wage earners," Kumaraswamy said at a press conference here.
The tea garden wage earners will also get a 20 per cent Durga Puja bonus, like workers of other gardens, he said.
Referring to his recent visit to the Cement Corporation of India Ltd factory at Bokajan in Karbi Anglong district, Kumaraswamy said there was a plan for the revival of the cement industry in the state by investing Rs 700 crore.
He also emphasised on the need for a cement manufacturing unit in the northeastern states.
On the current development of Faster Adoption and Manufacturing of Electric Vehicles (FAME) policy utilisation in Assam, the union minister said more than Rs 2,000 crore would be invested for battery charging stations and nearly 70,000 such facilities will be set up across the country.
More than 18,000 e-buses will also be purchased to fulfil the goal of carbon emission reduction, Kumaraswamy added.
