The original Birkin bag, made for Jane Birkin, was sold at auction for a record €8.58 million ($10 million) to Valuence Japan.
The bidding war for the black leather Hermès handbag lasted over 10 minutes at Sotheby’s in Paris, breaking the previous record for a handbag at auction.
Commissioned in 1984 by Hermès for Jane Birkin, the unique features of the original Birkin bag were not replicated on any other bags.
The bag, sold by Birkin in 1994 for charity, was kept safe for 25 years by the recent seller, and will be stored and exhibited by Valuence as a cultural heritage piece.