What Are the Most Expensive Handbags?

Naima T. Fleming
Luxury handbag on fashion show runway

Just as the style of a pair of shoes can speak volumes about the women wearing them, the same rings true when it comes to handbags. For some, skimping on the cost of quality isn't an option in spite of a hefty price tag. These price tags, however, are heftier than most.

Hermes Birkin

Hermes Matte Sanguine Alligator Birkin Bag

One infamous "B" word that comes to the mind of any handbag lover is the Birkin bag. Designed by Hermes and named after the actress and singer Jane Birkin, the leather handbags are each handmade by trained craftsmen. If you've been looking for a classic reptile bag, this new Hermes Matte Sanguine Alligator Birkin Bag with palladium hardware available at Heritage Auctions is a timeless find. Since it is extremely difficult to get your hands on a Birkin at Hermes stores, purchasing a new bag at an auction house is the best bet. One unique characteristic of the Matte Sanguine Alligator Birkin Bag is the bright, bold orange hue, making it perfect year round. If you're looking for one of the most expensive handbags that combines great style and top quality, this Birkin might be your choice. This find will cost you around $65,000.

The bag's tremendous price comes from several factors. Birkin bags are such high quality that they can be repaired for life and also passed down as heirlooms. According to Fortune.com, Birkins are also considered investment items since they regularly bring in much more than their original sale price on the secondary market. Not only is every Birkin extremely well made, requiring many hours of work by the artisans who craft them by hand, but those with specialty exotic leathers, such as the alligator leather for the Hermes Sanguine Alligator Birkin, are dramatically pricier. Just as Hermes is dedicated to the perfection of its handbags, it is dedicated to using the best when it comes to creating their handbags. An unblemished exotic leather such as alligator is very expensive due to the fact that alligators take many years to mature and require constant care. The hide also requires extensive work to be suitable for a handbag. The color of this particular bag is also rare, which factors into the price.

According to Portero, a luxury blog, Alligator is one of the most popular Hermes skin preferences. Prepare for major swooning when it comes to this Birkin bag choice.

Givenchy Antigona Satchel

For the modern luxury fashionistas who prefer design elements that are classically chic, the Antigona Medium Genuine Crocodile Satchel Bag in black has loads of style appeal. The bag's shape gives off a hint of utilitarian appeal and has an oversized zipper. For those who like to stay on the go, the bag has tote handles and a shoulder strap to switch between when necessary during a commute. As a special touch of pizzaz, the bag also includes a silver lettered logo on the bag's closure. The Antigona Medium Genuine Crocodile Satchel Handbag is available at Neiman Marcus and costs about $35,900.

Similar to alligator skin, getting a top-quality crocodile hide take times and requires a labor-intensive process. Having the exotic crocodile leather is a large part of why the price of the Antigona Medium Genuine Crocodile Satchel is so high. Although the size is medium, it is actually a very roomy bag, and the size does factor into the price as well. The muse behind the bag's unique style was the classic Greek character Antigone, and designer Ricardo Tisci painstakingly translated his idea into a look that was both classic and fresh, making this a high-quality investment piece. It is considered one of Givenchy's most iconic bags due to its versatile design and the countless celebrities who have owned it.

The Antigona is one of the most beloved Givenchy handbag styles according to Purse Blog and its community.

Asprey 1781 City Crocodile Handbag

If you're looking for an expensive bag that can give any outfit a dose of fierceness you'll love the 1781 City, Crocodile Skin Handbag from Asprey. This bag is bold, but it is all about versatility. This handbag style comes with a crocodile mirror and purse for those who must have such essentials. The slim structured bag has a two-zip closure and base feet to prevent the design from getting scratched. Perfect for the posh handbag lover, the 1781 City Bag costs about $34,600.

The Asprey's exotic crocodile leather is one reason for its high price. The brand also has a long history of being an iconic luxury brand; since 1781 they have been known as the British standard in luxury and been devoted to the highest standards in quality, craftsmanship, and design. The incredible attention to detail on the Asprey 1781 City Crocodile Handbag, its timeless design, and its specialty leather all factor into its high cost.

Ralph Lauren Alligator Ricky Drawstring Bag

If you have you been searching for a casual bag with a touch of sophistication, the Alligator Ricky Drawstring Bag by Ralph Lauren is the perfect luxe crossbody style. The lightweight structured handbag, made in Italy, provides optional styling with three straps. Another chic detail of the Ricky Drawstring Handbag is the radica wood Ricky lock, and the two attached keys with a removable alligator key bell. It costs about $29,500.

The exotic alligator hide is a major contributor to the high cost of the Ralph Lauren Alligator Ricky Drawstring Bag, but it is also defined by a versatile and luxe style that makes it extremely popular. Handcrafted in Italy, the Ricky bag is also considered a valuable bag because it was inspired by Ralph Lauren's wife, Ricky. This personal touch, combined with the detail, style, and costly materials of the bag, combine to make it one of the most expensive styles.

If this bag captures your heart, you won't be alone. According to shopping site MYVNC, the Alligator Ricky Drawstring bag is a five-star winner.

Fendi Peekaboo Bag

Fendi offers a bag that is full of personality. The Peekaboo Bag is a large soft satchel made of embroidered velvet. Imported from Italy, the luxury bag is available at Bergdorf Goodman for pre-order. When it comes to Fendi bags, you are guaranteed quality craftsmanship. This one costs about $12,500.

One of Fendi's most popular designs, the Fendi Peekaboo bag in velvet is designed with incredible detail, which accounts in large part for its price. Established in 1925 in Rome, Fendi has long been known for their top-notch craftsmanship, creativity and quality. Although it is not made with an exotic leather, the artistic intricacies of this bag's design make it expensive as well as appealing.

Fendi's Peekaboo Bag is one of the brand's most popular models, as stated on Purse Blog.

Handbags Made to Last

One of the most coveted items a woman reaches for every day before heading out the door is her handbag. Some have a multitude of styles to choose from while others simply have just a few on hand to coordinate interchangeably with anything in their closet. Nonetheless, just about every handbag lover knows that quality goes a long way, prompting many to have a limitless budget when it comes to shopping for a new addition. If you don't mind paying for one of the most expensive handbags, you're not alone. Handbag lovers know that a quality bag is not only stylish, it's built to last.

What Are the Most Expensive Handbags?