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Diamond-encrusted Hermes handbag sells for record $377K

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A diamond-encrusted Hermes bag on Wednesday became the most expensive handbag ever sold at auction.

The matte white Himalaya Niloticus crocodile diamond Birkin 30 handbag sold in Hong Kong for more than $377,000.

The bag has 18 karat white gold and diamond hardware.

Read more from CNNMoney.


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