Hermes Bicolor Kelly Bag with Feet

You’ll never find weirder, more wonderful designer handbags than you will at a luxury handbag auction. Auction houses source their finds from high-spenders, some of whom are lifetime collectors that have earned special-order privileges with their favorite brands after years of purchasing the bags most of us can only dream about.

Hermes Crocodile Birkin Bag

What’s that you say? The world’s most expensive and exclusive handbags have the most expensive luxury retail address on Madison Avenue at which to rest their rarified haunches in anticipation of being scooped up by the world’s elite? Preposterous.

Ok, so it’s not exactly shocking that the Hermes flagship boutique at the corner of Madison Avenue and 62nd Street, smack in the middle of Manhattan’s toniest retail district, pays the most rent per square foot of space on the famed avenue.

Nicky Hilton carries an Hermes Constance Bag in LA (5)

Nicky Hilton has added a new bag to her stash, and it’s an Hermes bag – quelle surprise! Here she is, getting her nails done in Beverly Hills with a cheery red Hermes Constance Shoulder Bag in tow. (It looks like she went with a very on-trend pale, muted pink polish, BTW.

Hermes-Birkin-35cm-Rose-Scheherazade-Crocodile

It’s been a big week for luxury theft in the news. First, a woman in England was found guilty of stealing nearly 1,000 designer handbags, one by one, over a period of three years. If that weren’t enough, yesterday came word that an entire Hermes collection had been stolen off the back of a truck in Milan, forcing the cancellation of an Hermes press preview that had been scheduled.

Hermes Bicycle

Despite the fact that Women’s Wear Daily claims that what you see above is Hermes’ first-ever bicycle, we know that’s not exactly true – we’ve covered the Hermes bike in the past, and there’s one currently on sale at Hermes.com for $4,650.

Elizabeth Hurley carries a rare Hermes Birkin in London (5)

Elizabeth Hurley was recently spotted leaving her humble abode in London carrying an Hermes So Black Birkin. If you’ve ever wondered why the So Black Birkins only appear in the hands of an extremely select set of celebs, allow us to regale you with a little So Black Birkin backstory.

Mindy Kaling carries a tan Hermes Birkin in NYC (5)

Here’s an immaculately dressed Mindy Kaling, leaving the set of the Today show yesterday morning with a classic tan Hermes Birkin on her arm. Mindy is looking amazing these days – this hair, makeup, and styling are all perfect for her.

Hermes Birkin 35cm Rose Scheherazade Crocodile

In some ways, I find pre-owned bags more exciting than bags that are brand new and available at the click of a button all over the Internet. Finding a gorgeous pre-owned bag, whether it’s a discontinued colorway or special-order piece, makes me feel like I’ve spotted an endangered species in the wild, except that for the right price, I can take it home and make it my own.

Louis Vuitton Las Vegas

And the luxury leather goods slap-fight continues! Just when you thought that LVMH might be appropriately chastened by its multi-million euro fine for using what amounts to using subterfuge and trickery to compile a rather enormous stake in family-owned Hermes, the French fashion conglomerate, helmed by Bernard Arnault, goes and does it again, according to Women’s Wear Daily.

Reese Witherspoon carries a white Hermes Birkin bag in Los Angeles (5)

Is it madness to invest $10K in a single handbag, or is it madness to invest $10K in a single handbag, and then get it in white? Reese Witherspoon seems like exactly the type of person who would tempt fate with a brilliant white Hermes Birkin.