The World's Most Expensive Handbag

According to Forbes Magazine, handbags have now become the "must have" item for women of means. A resurgence of interest in purses came about as a result of the popularity of "Sex and the City", a popular television show that deals with friends living (and loving!) in New York.

Women are now thinking of handbags as more than an accessory. The recent addition of a Hermes "Birkin" bag for $37,000 was an eye opener in the world of arm candy. The fact that it actually sold tells us all that, for some women, price is of no concern. These status bags are becoming a collectors item as well as an investment.

So far, the most expensive bag sold on record was a "Birkin" that was auctioned off with a diamond covered clasp and lock. The going price was $64,800.

Even though the name brand counts, the material that the bag is made of is also important with ostrich, crocodile, and python being high up on the status list.

If you are interested in carrying a designer bag and can't afford the heavy price tag, why not try Bag Borrow or Steal? They also have added a section to their website where you can purchase gently used designer bags at great prices!