$83,000 for a used handbag!

Birkin handbag sells for record 63,800 euros at auction A crocodile-skin Birkin handbag made by luxury goods firm Hermes has sold for a record 63,800 euros ($82,600) at an auction in Paris, auction house Artcurial said on Monday. The bag, manufactured in 2006 and marked by its unusual combination of orange, red and pink colours, was sold at above its estimate of 40,000-50,000 euros at the auction on May 21, Artcurial said. It did not disclose details about the purchaser. The previous record sale price for a Birkin bag was 61,000 euros, during a 2011 auction in Paris. Named after French actress and singer Jane Birkin, the Birkin handbags are one of Hermes's signature designs and have become iconic in the fashion world.