A handbag created for the English singer and actress Jane Birkin by the French luxury label HermΓ¨s has become the ultimate status symbol after selling for β¬8.6m ($15.3 million) at auction in Paris.
A 10-minute bidding war at Sothebyβs, reportedly involving newlywed Lauren Sanchez Bezos, started at β¬1 million and ended with a private collector from Japan placing the winning bid by phone.
The original Birkin at Sothebyβs, Paris was made for Birkin in 1984.Credit: AP
Even with the notoriously long waiting lists for HermΓ¨sβ Birkin handbags, carried by various Kardashians, Victoria Beckham and Australian publicist Roxy Jacenko, $15.3 million is a big price to pay for jumping the queue.
Reports on entry-level prices for Birkin bags vary from $15,000 to $30,000, depending on availability, size and the leather used.
Itβs the second time Birkin, who died in 2023, has caused a global sensation. In 1969, the breathy and suggestive song Je TβAimeβ¦ Moi Non-Plus, (I Love You… Me Neither), recorded with her then partner Serge Gainsbourg, was denounced by a Vatican newspaper and forbidden in Italy.
Her original Birkin bag trails Judy Garlandβs ruby slippers from the 1939 movie The Wizard Oz, which in December fetched $US32.5 million ($49.3 million) at auction in Dallas, as the second most valuable fashion item ever sold. Last month a hat that had belonged to Napoleon Bonaparte was auctioned for the bargain price of β¬355,600.
The big difference is that you donβt see people today queueing to buy ruby slippers or bicorne hats.
The Birkin bag has a mythology rivalling its maker, the French luxury goods company HermΓ¨s, founded in 1837 and valued at β¬243.65 billion in April. It was created in 1984, after Birkin found herself upgraded on an Air France flight to a seat beside Jean-Louis Dumas, chief executive and artistic director of his familyβs brand HermΓ¨s.
After hearing how Birkinβs then partner, filmmaker Jacques Doillon, had deliberately run over her signature wicker basket in his car, Dumas designed a practical, streamlined bag for the working mother.