Today, the Mschf handbag that takes the mini-bag trend to the next level sold at auction for $63,750.
Sound like a silly investment? Maybe it helps to know that the bag is more of an art piece than a wearable accessory. The brand released the item as a statement on luxury bags and the extremes people will go to wear them . “As a once-functional object like a handbag becomes smaller and smaller, its object status becomes steadily more abstracted until it is purely a brand signifier,” the brand said in a release.
Earlier this month, the bag was also displayed in a sealed gel case and pre-mounted beneath a microscope, on public view at the 8 Avenue Matignon gallery in Paris from June 20 to June 24.This isn’t the first buzzy handbag Mschf has released. Last year, it created a black Mschfthat was manufactured in Italy, Texas—a cheeky take on the made-in-Italy label that many designer handbags often feature.
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