Hermes bags are handmade with a special type of stitching that’s already 2 centuries old in France. There’s really no need for us to expand on why diamonds pump up the price. Because of the use of precious metals in the hardware, the price of a Hermes bag once again sky-rockets.ĭiamonds are usually optional and can be put on a bag if somebody wants a custom Hermes. Gold is already too mainstream, but expensive nonetheless. At some point, palladium was actually more expensive than platinum, but they’ve evened out in the meantime.īoth platinum and palladium are extremely rare metals. The hardware is made with precious metalsĪll the locks, buckles and keys of a Hermes handbag are plated with either palladium or gold.Add this to the other features of a Hermes bag, and you already get a sense of why their price tag is so high. These are all super-expensive on their own, particularly because in many countries, hunting these animals is illegal. We’ll just mention crocodile, ostrich, goat, and lizard, among others. Hermes usually uses calf leather for the bags. Since the price of a bag like this starts at $12k, you can rest assured that it’s not made with faux leather. Luxury Hermes bags are expensive because:Īnd we’re talking about the finest leathers in the world. But now you’re probably asking yourself: why are these Birkin bags so mind-numbingly pricey? Well, there are actually a few reasons for this, and we’ll take a look at them immediately. That says it all about what you should expect when checking the tags. The highest price paid for a Hermes bag was $379,261. Such a handbag can cost thousands of dollars, to say the least, and it goes without saying that not many people can afford them. Yes, Hermes Birkin bags are very expensive.