Last year, news reports circulated it was actually a better investment to buy a Hermés Birkin than stocks or gold. Well, one lucky bidder in Asia clearly just made one heck of an investment. On Wednesday, Christie’s in Hong Kong auctioned off a Birkin for a record-breaking $380,000.

First of all, Birkins are notoriously hard to get your hands on. But the version that was auctioned off was an exceptionally rare bird. According to the Associated Press, it was a Himalaya Birkin with matte crocodile skin and 18-karat gold buckles covered in 205 diamonds that was hand-dyed to mimic the mountains it was fashioned after. This process is so intense that it takes two entire years to make one bag.

This isn’t the first time Christie’s auctioned off a Birkin and set a world record in the process. Last year, another Himalaya Birkin sold for $300,000.

As for who just purchased this year’s most expensive bag ever auctioned off? The buyer’s identity hasn’t been revealed. No matter who made the investment, the purse is going down in handbag history.

Can you even imagine?? Tweet us your disbelief @BritandCo.

(h/t Refinery 29; photo via Cindy Ord/Getty)