Breaking Handbag News: World’s Most Expensive Bag is Now for Sale

Photo courtesy: Anthony Wallace/AFP/Getty via The Guardian

Photo courtesy: Anthony Wallace/AFP/Getty via The Guardian

Dear PurseBop Family,

We have a special update from the handbag world. Yesterday evening, The Guardian broke the news that the world’s most valuable handbag is being sold by our friends at Christies.

Officially titled the “Mouawad 1001 Nights Diamond Purse,” the heart-shaped bag was designed by Swiss and Emirati jeweler Robert Mouawad. It holds the Guinness World Record for the most expensive handbag ever made, originally priced at $3.8 million in 2010.

Painstakingly crafted by hand from 18-karat gold, the Mouawad bag took over 8,800 hours to create—the equivalent of 367 days of uninterrupted work! The glittering bag includes more than 4,500 diamonds, most of which are colorless, though 105 yellow and 56 pink diamonds add a dimension of color.

The coveted bag, which Christie’s calls a “bejewelled masterpiece,” is currently being previewed in Hong Kong, where a Christie’s online auction going until October 26 is based; next month, the bag will make its way through Geneva and London.

This is not the first record-breaking piece that Christie’s has dealt with: remember when PurseBop broke the news at 3am on the most expensive handbag ever sold at auction? The Exceptional, Matte White Himalaya Niloticus Crocodile Diamond Birkin 30 with 18k White Gold & Diamond Hardware sold for $380,000. Now, we can’t help but wonder what price the Mouawad bag will eventually fetch in private sale…

Photo courtesy: Anthony Wallace/AFP/Getty via The Guardian

Photo courtesy: Anthony Wallace/AFP/Getty via The Guardian

What do you think of the striking bag? Would you consider it a Holy Grail Bag? Is it something you desperately wish you could carry along with you, or would you be wary of using it as more than a display piece? The 1001 Nights Diamond Purse is certainly different from our traditional picture of Holy Grail Bags: Birkins, Kellys, and Constances. Which would you rather add to your collection? Let us know your thoughts below, as we’re extremely excited about this news!

Read related articles below:

Birkin Breaks Records: Sells for 380,000 at Christie’s Auction
New Record Set for Most Expensive Birkin Sold
New Record Set for Most Expensive Birkin Sold
The Holy Grail Bag

Love, PurseBop
XO

Photo courtesy: Mouawad

Photo courtesy: Mouawad