Hand bag sold for N142.5M

A luxury Hermes hand bag shattered the world auction record of Hong Kong on WEdnesday, fetching an eye-popping $380,000, Christie's spoke woman Gigi Ho said.
The handbag was produced in 2014 and has 18karat gold buckles and strap loops, Encrusted with 205 diamonds.

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It fetched 2.94million Hong Kong dollars which christie says Is a record for a handbag sold at auction. 
           

The auction house didn't identify the buyer of the matte white "Himalaya" crocrdile skin hermes bikini bag.

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The price flew pass the presale estimate of HK1.5Million - Hk2million ($193,000 - $280,000) during 10 - 15 minutes . Intense bidding in in auction room and from phone an online buyers, Christie's spokewoman Gigi Ho said.

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