While the majority of the catwalk collections are a little out of reach for most of us, the handbag can be a more accessible step into that exclusive world.

Far from humble, these handbags are fashion statements in their own right. Buyers are put on waiting lists which can last months, even longer. The waiting time for the most famous handbag of all – The Hermes Birkin - is currently two and a half years.

In this month at Fellows Designer Collection Auction, a red Porosus Crocodile Birkin 35 handbag was sold for £18,000 – a record for a handbag at the auction house.

Christian Dior handbags are similarly sought after which is why seeing them on the valuation service is particularly exciting. This was sent in this week:

Screen Shot 2016-10-26 at 17.35.02 Screen Shot 2016-10-26 at 17.35.02
Christian Dior %22Lady Dior%22 Bag Champagne Metalic Calfskin Christian Dior %22Lady Dior%22 Bag Champagne Metalic Calfskin

The model is called 'The Lady Dior'. It was created in 1994 and was an instant classic combining elegance and simplicity for unmistakable style. The details have been updated to move with the times but the overall shape and design have been consistent throughout the years.

The original was regularly photographed on the arm of Princess Diana, whose timeless chic perfectly matched the sensibilities of the handbag.

Since then, has been a firm favourite for the recent celebrity fashion pack with fans including Sarah Jessica Parker, Miranda Kerr and Marion Cotillard, who currently stars in Dior's latest advertisement campaigns.

With regards to auction prices, Christies sold a black quilted leather number for over £13,000 in 2015 and, in 2016 at Austin Auction Gallery, a canvas version was sold for £260. Based on the photographs sent in, we would expect this handbag to achieve around £800-£1,200 at a relevant auction.

Come and be part of the story - send your items to the valuation service today.