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.