Red Hermes Handbag Auctioned For $203,150

View Comments

From Our CBS Music Web Sites

453641528 10 Red Hermes Handbag Auctioned For $203,150Adorbale Baby Animals To Put A Smile On Your Face

150725619 10 Red Hermes Handbag Auctioned For $203,150Hot Models In Glasses

 alt=Musicians Then And Now II

452359780 10 Red Hermes Handbag Auctioned For $203,150Missing Summer?

87222728 Red Hermes Handbag Auctioned For $203,1508 Reasons to Have A Good Love Life

sx Red Hermes Handbag Auctioned For $203,150 Victoria's Secret Fashion Show

handbag Red Hermes Handbag Auctioned For $203,150

This red Hermes handbag was auctioned for $203,150 in Dallas. (credit: Heritage Auctions)

DALLAS (AP) – To the untutored eye, it looks a red alligator handbag. Ah, that is where a Dallas auction house says you missed your mark.

Heritage Auctions announced that it has sold an Hermes Diamond Birkin handbag for $203,150 in bidding that ended Tuesday. Heritage spokesman Matthew Rubinger said the bag went to a collector who wished to remain anonymous.

Rubinger says the bag is made of crocodile hide and features 18-karat white gold, diamond-encrusted hardware. He says a similar bag without the jewels and in lesser condition was sold for $77,000 at auction in England a year ago.

Rubinger says the vivid red color, diamonds and mint condition enhanced the value of the bag auctioned Tuesday.

In all, four Hermes handbags sold at auction Tuesday for a total of $432,938.

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments