As you are the resident handbag expert, can you explain why someone would pay $98K for a purse?
Crocodile and Alligator skins are usually 5 to 10 times more in a line depending on the piece. So if an average Hermès bag goes for $20K...
If an average Chanel bag goes for $2K-$4K their Alligator skin would be around $20K-$40K, it’s just simple math.