Luxury bag prices

The handbag that costs as much as a house

How about handing over $380,000 (£279,000) for one bag - and a second-hand one at that?

For that price, you could buy a house in the UK (where the average dwelling costs £223,285, according to the Halifax) and still have plenty left over.

Yet astonishingly last year someone did pay that amount of money for a rare 2014 Himalaya Birkin - a matte white handbag by Hermes.

It was fashioned from Nilo crocodile hide and adorned with 18-carat white gold and diamond-encrusted details.