It really may be. Some of them go in the $40K range, depending on the year and model. The alligator one at the bottom of the first page at that link is listed at $87,500.00. Used.
Well, she appears to have the large-size bag, which for some reason is less popular than the small and medium sized Birkins. And it looks like plain white leather, not crocodile or unicorn hide or whatever other exotic leathers they offer. This is not to say that the bag itself didn’t start out as extremely expensive, but not $33,000.
Hermes was selling scarves for hundreds of dollars back in the eighties/nineties, when I worked nearby. It didn’t seem to matter to the customers, who were lined up like it was the scarf counter at Woolworth.