On the morning of September 27, the Ho Chi Minh City People’s Court continued the first instance trial of defendant Truong My Lan (68 years old, former Chairman of the Board of Directors of Van Thinh Phat Group) and his accomplices on the charges of “fraudulent appropriation of property”. money laundering” and “illegal transportation of currency across borders”. In particular, Ms. Lan asked the court to let her return her two Hermes handbags because, according to her, they were not worth much and left them for her children and grandchildren as souvenirs.
In the world of high fashion, few names attract as much attention as Hermes. Out of all the other highlights of this 19th-century French luxury brand, Hermes handbags are the most coveted and praised.
Hermes “albino” bag, called Hermes Himalaya Crocodile Birkin
The “albino” Hermes bag, called the Hermes Himalaya Crocodile Birkin (made from albino crocodile skin) is one of the most controversial product lines. According to the company’s introduction, it is an extremely rare bag that is “the most coveted in the world”, not everyone can own it because out of about 2 million crocodiles, there are about 50 albino crocodiles and the company only produces them. Export 1-2 units per year.
Hermes Himalaya Crocodile Birkin costs from 7 – 10 billion VND
In 2019, Christie’s auctioned the Hermes Himalaya Crocodile Birkin bag for 307,774 USD (about 7.5 billion VND), becoming one of the highest priced handbags. Previously, in May 2017, a Hermes Himalaya Crocodile Birkin was sold for 432,000 USD (about 10.6 billion VND) in a live auction in Hong Kong.
Hermes Sac Bijou Birkin costs 2 million USD (50 billion VND), currently there are only 3 in the world
PHOTO: THE JEWELLERY EDITOR
The Hermes Himalaya Crocodile Birkin is made from the skin of the Nile crocodile (Egypt) – the largest species of African crocodile, encrusted with diamonds and white gold. A masterpiece of subtle color transitions, simulating snow-capped Himalayan peaks thanks to special leather dyeing technology.
The tanning process is extremely elaborate and takes a long time to complete. The lighter the color, the more difficult the processing and the higher the price. The leather color combines perfectly with the 18-karat white gold hardware, studded with white diamonds. The Cadena lock alone consists of 68.4 grams of white gold, encrusted with 40 diamonds. The entire bag is studded with more than 200 diamonds.
Hermes Sac Faubourg costs about 8 billion VND
Each bag comes with insurance included. Because each year, Hermes only produces 1-2 pieces, even international stars and celebrities have to wait in line every year to own this precious Hermes Himalaya Crocodile Birkin.
According to Global Boutique, in addition to the Hermes Himalaya Crocodile Birkin, Hermes also has many other “hugely” priced handbags. Hermes Sac Bijou Birkin price 2 million USD (50 billion VND); Hermès Rose Gold Kelly: 2 million USD (50 billion VND); Hermes Birkin of Ginza Tanaka: 1.4 million USD (34 billion VND); Hermes Sac Faubourg: 322,340 USD (8 billion VND), Hermes Fuchsia Crocodile Diamond Birkin: 222,000 USD (5.4 billion VND)…
