Million Greenback Child: Luggage So Dear, They Belong in a Vault — The Most Costly Purses

Will these costs have an effect on the client base of those manufacturers? Most likely not. Knowledge Bridge, a worldwide market analysis agency, predicts that the posh purse market will soar to a worth of $42 billion by 2029.

Whereas worth hikes could also be attributed to political shifts, the fascination with ultra-luxury stays undeterred. So, with luxurious bag costs on the rise, it’s the right time to check out a few of the priciest arm candies the world has ever seen.

Debbie Wingham’s Upcycled Easter Egg Purse

The bag was valued at $6.7 million.

Valued at US $3.8 million, the Mouawad 1001 Nights Diamond Purse was named the costliest purse on the planet by Guinness World Information in 2010. In accordance with Mouawad, “The center-shaped purse, handcrafted from 18-karat gold, incorporates 4,517 diamonds (105 yellow, 56 pink, and 4,356 colourless diamonds) with a complete weight of 381.92 carats.”

Hermès Sac Bijou Birkin

It’s tiny however mighty. The bejewelled bag was crafted by Pierre Hardy, a celebrated French jeweller and designer, and showcased in 2012. This dazzling miniature bag was meant to be worn as a bracelet, and is embellished with an ensemble of two,712 diamonds, weighing 89 carats. This piece is a part of the Haute Bijouterie Assortment from Hermès, and solely three luggage exist. Its rarity makes it priceless, although it was valued at $2 million.