The year 2017 witnessed a surge in the already stratospheric prices of Hermès Birkin bags, solidifying their status not just as luxury accessories, but as highly sought-after investments. While the average price for a Birkin in 2017 varied wildly depending on factors like material, size, hardware, and rarity, the year was punctuated by a record-breaking sale that highlighted the extreme end of the market: a stunning $379,261 Himalaya Niloticus crocodile Birkin, encrusted with diamonds. This sale, conducted by Christie's, cemented the Birkin's position as one of the most expensive handbags ever sold, and significantly influenced perceptions of 2017 Hermès Birkin prices.
This article delves into the world of 2017 Hermès Birkin prices, exploring the factors that contributed to their escalating value, examining specific examples, and considering the broader context of Hermès' pricing strategy in that year. We will also touch upon the pre-owned market and the impact of the record-breaking Himalaya Birkin on the overall perception of the brand and its coveted bags.
Hermes 2017 Birkin: A Spectrum of Prices
The 2017 Hermès Birkin wasn't a single entity, but rather a vast collection of variations, each commanding a different price tag. The most basic factors influencing price included:
* Material: Leather type played a crucial role. Exquisite and rare materials like Niloticus crocodile (as seen in the record-breaking Himalaya Birkin), alligator, and ostrich leather significantly increased the price compared to more common leathers like Togo, Clemence, or Epsom. The quality and texture of the leather itself also mattered, with flawless hides fetching higher prices.
* Size: Birkins are available in various sizes, from the petite 25cm to the larger 40cm. Larger sizes generally commanded higher prices due to the increased amount of material and labor involved in their creation.
* Hardware: The hardware, typically gold or palladium plated, contributed to the overall cost. The condition and finish of the hardware were also important factors.
* Color: Certain colors were more sought-after than others. Classic neutral tones like black, brown, and beige often held their value well, while more vibrant or limited-edition colors could command higher premiums. The iconic Himalaya color, a gradient of white to grey, is particularly desirable and highly collectible.
* Rarity: Limited-edition Birkins, those with unique features, or those featuring collaborations with artists, commanded significantly higher prices. These bags often appealed to collectors seeking exclusive pieces.
* Condition: The condition of a pre-owned Birkin heavily influenced its value. A pristine, unworn bag would fetch a far higher price than one showing signs of wear and tear.
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