The Mystery Of Victoria Beckham’s $29,000 Handbag (Updated)

Update: Turns out, there’s no mystery — and no $29,000 handbag at all! Victoria Beckham’s “Hexagonal Chain Bag” in a special edition of white crocodile will retail for the regular amount — £8,995 or, approximately $14,661 — and will not come with a hand-written note. It will, however, be hand stamped and made to order. Our original post is below.


As an umpteenth reminder that she’s earned the right to her name, Victoria “Posh” Beckham has produced her poshest product yet — a handbag that retails for £18,000, or about $29,000 according to today’s exchange rate.
This is no ordinary accessory, however. According to an article originally published by The Telegraph, only one will be manufactured, and it will come with a personal note from Miss Beckham herself. The extravagant idea apparently came via Selfridges, who convinced the former Spice Girl to design an off-white version of her crocodile skin “Hexagonal Chain” bag (which is far more reasonably priced at only £8,950). Why the eggshell hue warrants a £9,000 price hike is a mystery (though rare albino crocodiles do come to mind), but at least it’s one-of-a-kind?

Sadly, as of this posting, The Telegraph’s article has been taking down. (Editor’s Note: Thank goodness for screengrabs!) So, is the haute handbag a sham? Or did someone spill the beans a little too early?

Either way, what is with successful celebrity lines and ridiculously expensive items? Earlier this week, Mary-Kate and Ashley Olsen‘s line The Row debuted a $35,000 backpack. Is this just another way to cement their status among the sartorial elite? After all, both The Row and Victoria Beckham’s eponymous line rank with the likes of top-tier brands — something that can’t be said for Lauren Conrad’s collections or Hilary Duff’s merchandise. Perhaps the key to exclusivity is expense — and outrageous expense, at that.

So if you’ve got a few (thousand) pounds to spend or know any insanely rich and incredibly generous people, you might want to put this on your Christmas wish list when it debuts during the holiday season.

[Telegraph UK]

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