The Birkin bag (or simply, Birkin)is a line of tote bags by the French luxury goods maker Hermès. Birkin bags are handmade from leather, and the line is named after English actress and singer Jane Birkin. Introduced in the 1980s, the bag quickly became a symbol of wealth and exclusivity due to its high price and long waiting lists.[1] Birkins are a popular item with handbag collectors, and were once seen as the rarest handbag in the world.[2][3] The bag's value as a matter of its intentionally high price, which has led to its being described as a Veblen good.[4][5] In 2020, prices started at US$11,000 and have reached up to HK$2.94 million (US$380,000) when a bag was sold at auction by Christie's in Hong Kong for a record price in May 2017
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