A fuchsia-coloured crocodile-skin Hermes bag has broken the record for the most expensive handbag sold at auction, selling for US$222,912 at a Christie’s auction in Hong Kong.

The final price realised at the Monday auction was around 15 percent more than the auction house’s estimate.

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“With its 18k white gold and diamond hardware, Hermès Shiny Fuchsia Porosus Crocodile Diamond Birkin 35 dazzled the crowds, achieving a HK$1.72 million record,” Christie’s said in the statement.

The bag, part of the “Birkin” series named after British-born French actress and singer Jane Birkin, features a gold and diamond-encrusted clasp and padlock and is 35 centimetres in width and 25 centimetres in height.

The previous record was set at the sale of another Hermes Birkin by an American auction house valued at around $203,000 in 2011.