Top 5 Hermès Bags With The Best Resale Value
Selling Your Luxury Bag
Behind the price tag of an Hermès bag lies painstaking craftsmanship, inimitable allure, and timeless designs that have defined the fashion world for decades. Saying goodbye to your cherished bag may not be easy, but with some considering Birkins a better investment than gold, the decision might become a bit simpler. When contemplating selling, the key factor is resale value. This term, which has gained prominence with the rise in pre-loved luxury purchases, refers to the percentage of the original retail price that a brand or item can fetch. The higher the resale value, the more of your initial investment you recover (and sometimes even more than what you initially paid – now that’s a savvy investment!).
Hermès has become synonymous with exclusivity and these days you can’t simply walk into an Hermès store and purchase anything you want, regardless of your net worth. Spending a significant amount with Hermès grants you the opportunity to buy high-profile styles like the Birkin, Kelly, and Constance. Additionally, the brand limits the number of bags you can purchase in a year.
Luckily, the secondary market offers boundless options and opportunities for both shoppers and sellers.
5. Hermès Picotin Resale Value
The Resale Stats: Hermès Picotin bags boast an impressive average resale value of 72%.
Why Picotin: Introduced in 2002, the Picotin was inspired by feed bags and horse troughs, reflecting Hermès’ strong equestrian heritage. With its casual yet elegant bucket bag silhouette and understated padlock, the Picotin is the ideal choice for those who appreciate fine craftsmanship without the need for the iconic Hermès “Holy Trinity” of the Birkin, Kelly, and Constance.
What You Should Sell Now: Given that Hermès frequently updates their bag colors and styles, Picotins are always in demand on the secondary market. Regardless of the color and size you’re considering selling, there’s bound to be a buyer eager to snap it up.
How to Spot the Real Picotin: When authenticating a Picotin, pay close attention to the edge paint on the handles and the top of the bag – it should be straight and clean. Additionally, the feet on an authentic Picotin should never come off entirely; while they may spin, they should remain attached.
Hermès Picotin 22 Ardoise Clémence GHW
4. Hermès Evelyne Resale Value
The Resale Stats: Hermès Evelyne bags have an impressive average resale value of 78%.
Why the Evelyne: Created in 1978 by Evelyne Bertrand, head of Hermès’ Riding Department, the Evelyne was originally designed to hold grooming tools for horses. Its spacious design makes it the perfect starter bag for someone looking to purchase their first Hermès piece. This versatile crossbody bag is always in demand.
What You Should Sell Now: If you’re looking to upgrade, now is the ideal time to sell your Evelyne 16, also known as Mini or TPM (short for Très Petit Modèle), especially since select TPM 16 styles fetch above-average resale prices. Some popular colours for the Evelyne include oranges and yellows, green, purple, blue and of course all shades of neutrals. We are also seeing a rise in enquiries for soft pinks and other pastel shades, with some of the demand coming from seasonal preferences alongside more classic palettes.
How to Spot the Real Evelyne: Authenticating an Evelyne requires attention to detail. The snap on genuine Hermès Evelyne bags varies depending on the production date. Some snaps may be blank, some may feature four letters on the female component, and others may read SBH. The male component of the closure should always be attached to the bag, either flat or with radiating lines along the edge. If you see a brand name or six stars on a snap, it’s a sign of inauthenticity.
Evelyne 16 Orange Clemence PHW
3. Hermès Birkin Resale Value
The Resale Stats: The highly sought-after Hermès Birkin ranks third, with an impressive average resale value of 80%.
Why Birkin: As more Birkins enter the secondary market, this iconic style continues to attract new audiences. The pursuit of rarer “It” Birkins has intensified, with shoppers seeking more artistic styles with unique features. Hermès is renowned for its diverse range of leathers, but when it comes to rarity and allure, exotic leathers steal the spotlight. Lizard is considered the most luxurious by many, but crocodile Birkins are also highly coveted. One of the most expensive Birkins ever resold—a Himalaya Crocodile Birkin with 18k gold hardware encrusted with diamonds—fetched an astounding €500,000. Hermès crocodile leathers come in two varieties: Porosus (from Southeast Asia and Australia) and Niloticus (from Africa). Most Hermès clients have a preference for one or the other. If you’re looking for a significant return on your investment, consider selling a lizard or crocodile Birkin.
What You Should Sell Now: Beyond exotics, the Birkin 25 is a top choice for selling right now. The resale value for the Birkin 25 has risen dramatically since 2019—in 2023. Birkin 25s are priced at over twice the manufacturer’s suggested retail price (MSRP) on average, marking a 55% increase since 2019.
Demand for the Birkin 25 is driven by its rarity. Compared to Birkin 35s—which accounted for 50% of the Birkins sold in 2022—Birkin 25s made up only 12%. The high demand for this smaller style has resulted in neutral and special colorways doubling in resale value.
How to Spot the Real Birkin: Authentic Birkin bags feature two signature stamps. One is a heat stamp with the Hermès name, and the other is a blind stamp indicating the year the Birkin was made and the artisan who crafted it. The heat stamp should be printed in metallic foil matching the bag’s hardware, while the blind stamp should be barely visible. Counterfeit blind stamps may appear large or heavy.
Hermès Birkin 25 Togo Gold GHW
Hermès Birkin 25 Togo Capucine GHW
2. Hermès Kelly Resale Value
The Resale Stats: The iconic Hermès Kelly bag takes second place, boasting an impressive 92% average resale value.
Why the Kelly Bag: The legacy of the Kelly bag is cemented by the timeless story of Grace Kelly using it to shield her baby bump from the paparazzi. Beyond its storied history, the bag’s functionality and versatility make it a perennial favorite. The Kelly stands out with its elegant design and practicality, with the shoulder strap adding a touch of convenience.
What You Should Sell Now: The Kelly Pochette and the Mini Kelly 20 are the models to sell right now. Their demand has surged, especially with the current trend towards mini styles in the handbag market. Exotic versions of these models are incredibly hard to come by, making them even more desirable. If you have one, now is the time to sell.
How to Spot the Real Kelly: Authentic Hermès Kelly bags feature sangles (front straps) that secure the bag with metal plaques on either side. On genuine Kelly bags, “Hermès – Paris” should be engraved on the right-side plaque. Vintage styles may have “Paris” below the brand name instead of beside it.
Hermès Kelly 28 Sellier Epsom Black GHW
Hermès Kelly 28 Sellier Epsom Blue French GHW
Hermès Kelly 28 Retourne Togo & Alligator Black GHW
1. Hermès Constance Resale Value
The Stats: The Hermès Constance claims first place with an impressive average resale value of 105%.
What Makes the Constance Stand Out: The Constance was the first bag to feature a bold H logo clasp, making it instantly recognizable. Its charm lies in the sleek, rounded edges and the convenience provided by the crossbody strap. Completing the Hermès “Holy Trinity,” the Constance is a favorite among handbag enthusiasts who appreciate hands-free styles.
What You Should Sell Now: The Micro Constance 14 and Mini 18 are the most coveted model on the resale market. Even rarer than the Mini Kelly, the scarcity of these bags drives high demand for any color or leather type.
How to Spot the Real Deal: Authenticating a Constance involves distinguishing the subtle differences between the H logos. The Constance bag’s H logo should have serifs extending outwards, unlike the H belt buckle, which has serifs that protrude both inwards and outwards. The Constance predates the H belt buckle, so their Hs are noticeably different.
Hermès Constance Mini Black Epsom RGHW
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