At the second phase of the Van Thinh Phat trial held on September 27, defendant Truong My Lan asked the court to return a set of diamond jewelry worth more than 30 carats and two albino Hermes handbags seized during the investigation.
The full name of this handbag is the Hermes Himalayan Crocodile Birkin, known as one of the most expensive and hard-to-find handbags in the world.
In 2014, Hermes shared that out of 2 million South American crocodiles, there were only 50 albino crocodiles, and the company only produced exactly 2 bags.
With such a small quantity, not enough to count on the fingers, it is not difficult to understand why the Hermes Himalayan Crocodile Birkin bag is so expensive and difficult to buy.
In addition, the value of the bag also depends on its size, diamonds, gold...
For many years, it is known that the price of this handbag ranges from 53,000 USD to more than 200,000 USD from different versions.
Hermes only produces 1-2 Birkins per year. Even celebrities and powerful people have to wait in line for years to own an albino crocodile Birkin.
Daniel Englander, a VIP Relations expert at luxury website Fashionphile, shared about the ultra-rare Hermes bag: "The reason this bag is so valuable is because it is completely hand-dyed.
The crocodile leather dyeing method mimics the snow-capped mountains of the Himalayas, and is all done by hand. You will never see one with the exact same dyeing pattern."
In 2022, Sotheby's sold a size 30 diamond-encrusted Himalaya Birkin bag for more than $450,000. This is the rarest and most desirable version of the Himalaya Birkin bag.
Gray color and ombre dyeing technique (gradient from dark to light) on the bag body combined with luxurious diamonds and white gold.
The lock is crafted from 18K white gold, encrusted with exquisite white diamonds.
To buy an albino crocodile Hermes bag, the buyer must be a VIP customer. At the same time, every year, the customer must spend a huge amount of money to convert into accumulated points according to the brand's requirements, maintaining the VIP status.