Study 156: What a Crocodile Bag Costs to Make: The 4.2 Multiple

This study computes what an exotic-leather top-handle bag costs to make, as a conservative lower bound from public references. Makers do not publish exotic retail prices, so the selling side uses the documented auction-market floor of 25,000 dollars for thirty-centimetre crocodile top-handles, against retail-side guides at 35,000 dollars and above. The making side takes four Nile-crocodile belly skins at the top of their publicly listed 297-to-480-dollar range, about 1,920 dollars of hide, plus the most conservative documented labor input, sixty hours of single-craftsman work at full atelier r