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Video: Why Birkin Bags are so expensive

Birkin bags have become the ultimate status symbol, commanding resale prices as high as 500,000 USD for a single bag. Unless you have been chosen by Hermès, resale is likely the only option for obtaining a bag. Luxury resellers like The Real Real in New York have many options available online if you have several thousand dollars lying around.

Source: Business Insider, YouTube.

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