A rare Hermès Birkin bag sold at auction early Wednesday morning at Christie’s in Hong Kong for a whopping $382,000 USD.
It’s set a record as the priciest handbag ever sold at auction.
In 2016, a similar style was scooped up at Christie’s for around $377,000.
The coveted purse — which costs as much as a studio apartment on the Upper East Side — is the Niloticus Crocodile Himalaya Birkin 30.
It features diamond-encrusted hardware and has been dubbed the “Himalaya” because the delicate gradation of color from smoky gray to pearly white resembles the snow-capped mountain range.
One might have a better chance of climbing to the top of the Mount Everest than scoring one of its namesake bags: They’re considered the rarest of Birkins. The French luxury goods company reportedly only makes one or two each year.