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hermes birkin bag sale sothebys 2666475

The original Le Birkin handbag, crafted by Hermès in 1985 for actress and singer Jane Birkin, sold for €8.5 million ($10 million) at Sotheby's Paris on July 10. The bag, which shows visible wear from decades of use, sparked a 10-minute bidding war among nine buyers and was purchased by a private collector from Japan. It broke records as the most valuable handbag ever sold at auction and the highest-selling fashion item in Europe.

original prototype jane birkin hermes handbag sothebys 1234744596

Jane Birkin's original Hermès Birkin handbag prototype has been consigned to Sotheby's Paris for sale in July. The all-black leather bag, commissioned in 1984 by then-Hermès CEO Jean-Louis Dumas in collaboration with Birkin, is a one-of-a-kind piece that has been in a private collection in France since 2000. Sotheby's has not set a public estimate, citing its unique status, and will communicate it privately to potential bidders. The bag was exhibited at Sotheby's Paris and Hong Kong, and previously at the Museum of Modern Art and the Victoria and Albert Museum.