See the Bag That Just Sold for $298,000

How do extremely wealthy, fashion-conscious shoppers spend their money? By buying rare Hermés Birkin bags at auctions, of course! The previous record for the most expensive bag ever auctioned was a $222,000 fuschia Birkin bag, but now a new bag has topped that impressive number. 

As Vogue reports, the new record-breaking bag is a "a 35-centimeter Birkin from 2008 in rouge Braise croc skin with 18-karat white gold and diamond hardware." The winning bid for the stunner? A whopping $298,000. We officially know what we're buying when we win the lottery.

Scroll down to see the most expensive handbag ever auctioned!

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Opening Image: Style du Monde