Elizabeth Taylor's Handbag Auctionposted on 3 January 2012 | posted in News and OpinionsWhen celebrities auction off their prized possesions they usually achieve a respectable price irrespective of the actual value of the item. However a certain celebrity known to us as Elizabeth Taylor put one of her handbags under auction at Christie's in New York and it fetched a staggering £130,000. Now for a handbag that has a value way below the winning bid shows how much a celeb can sway the price of certain items. In this case it was a certain handbag made by Hermes. The handbags colour was a gorgeous red with a padlock design embedded to the front. The red handbag also had matching handles and was finished in a crocodile affect. Would you bid as high as £130,000 for a handbag worn by a celeb? ![]() Handbag above was auctioned in New York for £130,000
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