
As you know, I am obsessing and looking for the ultimate crocodile bag. The question is, how big of an investment do I want to make? Of course with an exotic, it has to be investment worthy and a true classic so of course Chanel came to mind along with the Hermes croc Birkin. I have been working with my Chanel SA for a while now so when this Chanel white alligator flap classic came across my shopping ventures, I had to stop and think, but only for about 2 seconds. This bag has 334 diamonds totaling 3.56 carats, set in 18-carat white gold. I'm sorry, I want my jewelry to be jewelry and my bags to be bags. I do not see the benefit of combining the two. It is $261,000, a diamond croc birkin is only $150,000, although in the after market, a 30cm black shiny crocodile Birkin with pave diamond metalware containing 12 carats of diamonds for £110,000 just came my way (so in US dollars it is approximately $220,000). If I went to my diamond dealer downtown, who gets his stones directly from Antwerp, I could, for example get a 8 carat emerald cut, flawless, D color for $200,000. And of course who wouldn't want one giant rock instead of 334 tiny ones that cost the same? Well, you get the bag with the $261,000 investment, of course. But the bag itself is not worth $61,000. And 334 diamonds totally 3.56 carats is certainly not worth $200,000.