Why a Birkin Bag and a Sled Are Similar
Recently, bidders offered $10.1 million for a purse while a sled sold for $14.75 million. By looking at auction economics, we can understand those gob smacking prices. Birkin Bags.It would be tough to buy a Birkin bag in a Hermès boutique because supply is so limited. Another possibility is a Sotheby’s auction of “preowned” purses. But then the price could be much higher. The original Birkin bag with the $10.1 million price tag was owned by Jane Birkin: The Rosebud Sled.To buy the Citizen Kane Rosebud sled, someone spent $14.5 million at a movie props auction. ….[READ]
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