Yes, an anonymous bidder paid $203,150 at auction for a purse. Well, not just any purse, a Birkin, the hard-to-get handbag fetish of celebrities and needy rich ladies the world over. And not just any Birkin, a Hermès Exceptional Collection Shiny Rouge H Porosus Crocodile 30 cm Birkin Bag with Solid 18K White Gold & Diamond Hardware. Oh, obviously that is worth as much as a house or a college education. Surely!

The bag sold by Heritage Auctions in Dallas (where else would a woman spend $200K on a handbag) and broke a record for the sale of a handbag at auction (the record holder is below). Actually, the record was broken four times in one auction.

There were three other bags that went for $113,525, $95,600, and $80,663 which each successively took the record from each other. Now, I'm not going to tell people how to spend their money and I for sure have plopped down insane amounts of cash on silly things, but $203,150 for a bag? Not even the patron saint of stupid rich ladies Carrie Bradshaw would do something like that. But if you hurry, you can get this bag for only $67,000. A steal!

[Top image via Getty]