What better way to mark the onset of a second credit crunch than by spending $203,150 on a diamond-encrusted crocodile handbag?
Following the sale last week of the world’s most expensive shoe, the world’s most expensive handbag was sold at public auction in Texas on Wednesday night, according to the auctioneers.
The buyer was a private collector, who chose to remain anonymous after the eye-watering purchase.
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