The World's Most Costly Handbags

The "it" handbag has lengthy been a high-priced, substantial style staple. For design mavens on a spending budget, look-alike designer replica handbags (and less expensive imitation knockoff purses) are also absolutely nothing new. Lately, nevertheless, costs for designer arm candy have reached all-new heights.

Last year, Louis Vuitton's Tribute Patchwork Bag created headlines because the world's costliest handbag. The numbered, restricted edition bag was priced at more than $45,000, and featured swaths from earlier purse styles. Numerous businesses have cashed in on nostalgia by reissuing replica copies of classic handbags, which fetch regularly substantial costs at auction.

Experts trace the rise with the "it" bag to a 1960s Life Magazine cover, which featured Princess Grace sporting a "Kelly" purse. With style elites clamoring for this and subsequent must-have handbags, inexpensive knockoff purses and replica designer handbags discovered a loyal following amongst much less extravagant shoppers.