The price (cost) of Chelsea Lazkani's Birkin bag which was featured on Selling Sunset ranges from $8,500 to over $300,000 at the boutique. To let you know, it is the most expensive bag in fashion history as well as the most sought-after luxury handbag on the planet.
Netflix's Selling Sunset follows an elite group of real estate agents who work for the Oppenheim Group. The field of luxury real estate has flourished in Los Angeles, and as a result, the agents featured on-screen live exceptionally luxurious lives while juggling professional obligations and social status. Furthermore, a healthy dose of drama and romance combine to make the show even more enjoyable.
Adam DiVello created the show, which debuted in March 2019. It has gained a significant following since then. In fact, the show's success has resulted in several popular spin-offs, and viewers have become increasingly interested in the agents' daily lives.
In the latest season, Jeff Lazkani gifts a Birkin bag to Chelsea Lazkani on the occasion of her birthday. Fascinated by the bag, many viewers have been curious to know its price. Well, we've got you covered.
Chelsea Lazkani’s Birkin Bag Price Ranges From $8,500 to Over $300,000: Selling Sunset Update!
In the first episode of Selling Sunset, Jeff Lazkani throws his wife, Chelsea Lazkani (@chelsealazkani), a lavish birthday party and presents her with a six-figure Hermès' Birkin bag, the most sought-after luxury handbag on the planet. It is also the most expensive bag in fashion history, with prices ranging from $8,500 to over $300,000 at the boutique.
The price of Chelsea Lazkani's Hermès Birkin bag ranges from $8,500 to over $300,000.
Image Source: PopBuzz
Even for the cheapest Birkin bag, Hermès goes to great lengths to create the highest quality handbag. They only work with the finest luxury leathers, which are prized for their durability, scratch resistance, and supple, buttery feel. Hermès also uses exotic skins such as crocodile, ostrich, and alligator.
While some of the world's best design houses use these leathers, Hermès has the first claim, selecting the finest for the Birkin. It is estimated that only the very best 10% of these luxury leathers are chosen to be made into those bags, and only the best of the best become Birkin bags, which, of course, adds to the cost.
The hardware on a Birkin bag is plated in gold or palladium, a lustrous, silvery-white metal that is more valuable than platinum. Both metals are resistant to tarnishing, adding to the glitz of the bags they adorn. But to let you know, the diamond-encrusted Himalaya bag is the most expensive Birkin bag. It is made of Niloticus crocodile skin that has been hand-dyed to look like the snowy Himalayas. The Pontet, turret, plaque, and lock are all set with diamonds in white gold.
Additionally, these exceptional leathers and metals are used by craftspeople who have worked for Hermès for years before being entrusted with a Birkin bag. Each Birkin takes at least 18 hours to make by trained artisans, and each Birkin is stamped with a code that identifies the year of creation, the workshop where it was made, and the artisan who made it.
Why Is Hermès’ Birkin Bag So Expensive?
Only you can decide whether Hermès' Birkin bag is worth the price. However, there is plenty of evidence that the Birkin is a worthwhile investment, whether purchased from a boutique or a dealer. Many people believe that a Birkin bag is a better investment than gold or the stock market.
Hermès' Birkin bag is one of the most sought-after luxury handbags on the planet.
Image Source: CNN
According to a 2021 Art Market Research study, Hermès handbags were the top investment asset in the fourth quarter of 2020, up 13% from the previous year. Likely, Hermès' handbags have the highest resale value of any handbag brand, owing to their scarcity, classic style, and durability. Their worth continues to rise.
According to the Art Market Research 2021 study, the value of Birkin bags at auction increased by 42% between 2019 and 2020. Likely, the luxury resale market is expected to grow 10%-15% per year over the next decade, so demand for used Birkins will continue to rise, as will the Birkin bag price.
Due to their scarcity and popularity, Hermès handbags are considered collectibles. Collectors learn the Hermès language and have an almost encyclopedic knowledge of the leathers, exotic skins, colors, and limited edition handbags, such as the Faubourg Birkin.
Furthermore, Hermès' dedication to high-quality materials and meticulous old-world craftsmanship has elevated the iconic handbag to the status of true art. Hermès is known for its leather tanning and dying skills. This, combined with the hand-stitched manufacturing process, elevates Hermès handbags to a level of art unrivaled by other handbag manufacturers.
Birkin bags are sought after by heads of state, royalty, and celebrities. This timeless status symbol demonstrates that you not only made it, but you did it in style. Furthermore, Hermès stands behind its products, whether it's a Birkin from the 1980s or a Birkin from 2021. The Hermès "Spa" will rejuvenate a Birkin, giving it a new look and extending its wearability by decades compared to other luxury handbags.