Hermes PurseWould you pay over $200,000 for a purse? Someone did, believe it or not.

An auction company in Dallas has revealed that someone shelled out $203,150 for the ultimate in designer purses.

Heritage Auctions announced that a red Hermes Crocodile Birkin handbag, with diamond and 18K white gold hardware, set a world record price for a purse sold at public auction.

The auction, which ended Tuesday, was won by a person who wanted to stay anonymous (go figure).

Heritage Auctions also sold a blue crocodile version with palladium hardware for $113,525, a red crocodile Birkin with palladium hardware for $95,600, and a Himalayan crocodile Birkin with palladium hardware for $80,663.

“This is an extraordinary example of one of the world’s most exceptional handbags, and this was certainly an exceptional price, exceeding our highest expectations at every corner,” said Matt Rubinger, director of luxury accessories at Heritage Auctions.

“If you walked into Hermes today you couldn’t get these bags – not even if you were Oprah Winfrey…Most of the bags were bought by collectors who never used them, or only used them once. And many women simply don’t have enough space in their closets for all their accessories.”

The Diamond Birkin auctioned Tuesday was originally estimated to sell for $80,000 to $90,000.

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