Hermes Reveals $12,900 Basketball

News & Views | by Justin Dwayne Joseph | 08/26/2013 | 12:43 PM EDT

The Parisian Luxury Label Celebrates The Re-Opening Of Their Beverly Hills Boutique With A Special Edition Basketball

What's the most you'd pay for a basketball? Well Hermes is hoping that figure is somewhere in the ballpark of $12,900. In celebration of the re-opening of their 12,000-square-foot boutique in Beverly Hills, California, the storied Parisian luxury brand has unveiled a pricey cobalt-colored basketball made of bull calfskin leather.

But is it really worth nearly $13,000? The answer is 'yes' if you ask the company. 

According to Hermes U.S. CEO Robert Chavez, the relatively astonomical figure is justified by the quality of leather and the "artisinal craftsmanship" used in the ball's creation. Under the creative direction of Pierre-Alexis Dumas, only two basketballs have been created thus far, but more can be made via the company's special order atelier. 

In an interview with The Hollywood Reporter, Chavez added: "It certainly can be used for play -- the leather is sturdy, and why not make such a unique item come to life on the court?" 

Founded in 1837, Hermes is known for producing high-priced leather goods, including the highly coveted Birkin bag, that has a starting cost of about $10,000. In the past decade, the company's goods have become must-haves for a bevy of celebrities, including Beyonce, Tamar Braxton, NeNe Leakes, Wendy Williams, Monica, LaLa Anthony, and even Pharrell Williams.

Hermes Beverly Hills (434 N. Rodeo Drive) will officially re-open on September 4. 

(Photo: Courtesy of Hermes)

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