Philip Treacy Handbag: $317,000

John Richard was always on the lookout for valuable treasures and he struck it rich while visiting Oxfam, a British thrift store. Hidden inside an old dusty box was a high-quality purse that Richard just had to have. The purse was priced at £20 ($32) and he tried to haggle over the cost. When the cashier refused to change the price, he accepted the cost and moved on. He brought the bag to a Philip Treacy store and the origin of the bag was confirmed. It was, in fact, the work of world-renowned milliner, Philip Treacy. The hand-stitched bag was created by Andy Warhol and only 10 of these bags were produced. Richard soon revealed that two different offers of £200,000 ($317,000) had been made for the handbag.