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00:00Jane Birkin's original Hermes bag has a new owner. The black leather purse designed for the actress by the French label's former chief executive Jean-Louis Dumas in the early 80s sells for over $10 million at auction July 10th.
00:17With Sotheby's saying in a statement, in its first market appearance in 25 years, Jane Birkin's original Hermes bag created a sensation at Sotheby's in Paris this afternoon, selling for 8.6 million euros, $10.1 million, and becoming the most valuable handbag ever sold at auction.
00:38The auction house continues,
01:08with the purses generally selling for between $20,000 and $30,000 retail, depending on their color, material, and limited edition status.
01:18However, obtaining a Birkin isn't so simple, as we all learn from that famous Sex and the City scene.
01:26It's $4,000.
01:28I know.
01:29And there's a waiting list.
01:30I assumed.
01:31Five years.
01:33For a bag?
01:34It's not a bag.
01:36It's a Birkin.
01:38The French-based fashion house produces only a small quantity each year and doesn't sell them online.
01:46Instead, interested buyers must visit one of Hermes' boutiques to take a chance at scoring the elusive accessory,
01:53with sales associates reserving the right to deny selling the purse if there's a wait list.
