How Much Are Hermès Bags? [2025 Edition]|Retail Price List & Resale Value by Model

The prices of Hermès bags vary greatly depending on the model, size, and material.


Behind this lies the brand’s value, recognized for its rarity due to limited production by skilled artisans, and its asset-like appeal. This has attracted attention from wealthy individuals and collectors worldwide.


In this article, we clearly organize the latest 2025 official price list of major models along with the price ranges in the secondhand market.


Additionally, we provide a thorough explanation of Hermès bag prices, answering common questions and highlighting past record auction prices.


Price List of Major Hermès Bags [2025 Latest Official Prices]

※Note: Prices are reference prices as of the article update and may change in the future.


Birkin

The iconic Hermès bag, Birkin’s price varies significantly depending on size and material. The 2025 domestic retail prices are as follows:


※Prices vary depending on material and color. Exotic leathers such as ostrich, crocodile, and lizard can cost several million yen up to over 10 million yen.


Read more: Birkin Price Guide [2025 Edition]: Detailed Prices by Size & Material


Kelly 

Alongside Birkin, Kelly is another representative Hermès model, known for its formal and feminine elegance. Prices differ based on size, stitching (inside/outside), and material. The 2025 domestic retail prices are as follows:


※Prices fluctuate with stitching style, material, and hardware combination. Exotic materials (crocodile, lizard) range from around 4 million to 6 million yen or more and often fetch high prices at global auctions.


Read more: [2025 Edition] Hermès Kelly Price List: Prices and Trends by Size & Material


Constance

One of the "Three Iconic Hermès Bags" along with Birkin and Kelly, the Constance features a signature "H" buckle on its flap. Its versatile design suits both formal and casual styles. The 2025 domestic retail prices are as follows:


※Prices vary depending on material and color. Exotic materials like crocodile can exceed 5 million yen, making these models highly valued as assets.


Read more: Hermès Constance Mini Complete Guide: Prices, Acquisition, and Usability


Picotin Lock

Known for its rounded silhouette and padlock accent, the Picotin Lock is favored for its convenient size and wide range of colors. It’s popular among many demographics for daily use. The 2025 domestic retail prices are:


※Prices change based on material and color. Limited edition colors or special orders often trade above retail prices on the resale market.


Read more: [2025 Edition] Hermès Picotin Lock Price List: Size and Type Pricing Details


Other Popular Models

Beyond Birkin, Kelly, and Constance, Hermès offers many beloved bags suitable for everyday use and business. Representative 2025 domestic retail prices are:


※Prices vary by model, material, and color. Even casual lines are in high demand, and the secondhand market recently trades close to retail prices.


Read more:

  1. Hermès Bolide Price List: Latest Prices, Size Trends & Used Market Comparison [2025 Edition]
  2. Hermès Evelyne Mini (TPM) Complete Guide: Prices, Colors, Acquisition & Appeal
  3. In-depth Look at Hermès Garden Party: Size Selection and Price Info


Hermès Bag Price Guide on the Secondhand & Resale Market

Since it’s rare to purchase Hermès bags at retail price, demand in the secondhand and resale market remains consistently high. In some cases, certain models in excellent condition can even sell for more than their original price. Below is an organized overview of secondhand market price ranges for major models.


Retail vs. Secondhand Price Comparison Table


※Note: These are reference prices as of the article's publication. Prices may vary depending on market fluctuations.


Birkin Bag Market Prices

Birkin bags hold the most stable and highest resale value on the market.

  1. Birkin 25 (Togo): Retail price is approx. ¥1.88M; resale price ranges around ¥2.3M–¥3.8M (about 1.2–2× the retail price).
  2. Birkin 30 (Togo): Resale value is around ¥2.5M–¥3.7M (1.25–1.8× retail).


Rare colors and bags in pristine condition can fetch even higher prices, making Birkins highly valued as assets.


Read more: 5 Things to Know Before Buying a Pre-Owned Birkin: Price, Condition, and How to Evaluate


Kelly Bag Market Prices

Kelly bags vary in resale value depending on the stitching style.

  1. Kelly 25 (Togo, Inside Stitch): Loved for its soft, feminine look. Resale value is around ¥2.5M–¥3.5M (1.3–1.9× retail).
  2. Kelly 28 (Epsom, Outside Stitch): Offers a sharper, more formal feel. Resale value is around ¥1.8M–¥2.3M (0.9–1.1× retail), making it a relatively stable option.


Constance Bag Market Prices

With its iconic “H” buckle, the Constance has seen rising demand in the resale market.

  1. Constance Mini (Epsom): Retail price approx. ¥1.46M; resale ranges from ¥1.7M–¥2.2M (1.2–1.5× retail).
  2. Rare colors or limited editions can go for even higher.


Picotin Bag Market Prices

A casual and practical option, the Picotin Lock maintains steady demand in the resale market.

  1. PM Size (Clemence leather): Retail price is around ¥537,900, with resale prices ranging from ¥400,000–¥700,000 (0.7–1.3× retail).
  2. Basic colors like black, etoupe, and gold are particularly sought after.


Other Popular Models

  1. Bolide: Typically sells for about 70–110% of retail price.
  2. Evelyne & Garden Party: Steady demand; in excellent condition, often resold at or near retail price.


Read more: Buying Hermès Secondhand: Why Some Models Sell Above Retail & How to Avoid Regret [2025 Edition]


Record-Setting Hermès Sales

Hermès bags are not only fashion pieces—they’re also treated as works of art and investment assets. This is most clearly reflected in auction records around the world.


Birkin "Himalaya Diamond"

The Birkin Himalaya Diamond is the most expensive Hermès bag ever sold. Its stunning gradient from white to gray, combined with diamond details, make it exceptionally rare.


At past auctions, the Birkin 30 with diamonds sold for around $450,000 (approx. ¥66 million)—consistently fetching world-record prices. (Source: Sotheby’s)


Read more: The World’s Most Valuable Himalaya Bag – The Untold Story Behind the Icon


Jane Birkin’s Personal “Original Birkin”

In July 2025, a black box calf “Original Birkin” once owned by actress and Hermès muse Jane Birkin sold at Sotheby’s Paris for approx. ¥1.47 billion. (Source: Jiji News)


This marked the highest auction price ever paid for a handbag, highlighting the cultural significance of the iconic Birkin.


Read more: First-Ever Birkin Fetches ¥1.47 Billion – Plus a Look at Xiaoma’s Rare Custom Haut à Courroies


Hermès as a Global Asset Class

As these examples show, Hermès bags are more than luxury fashion—they’re internationally recognized as assets.


With limited supply and high demand from collectors and high-net-worth individuals worldwide, high-value auction sales are likely to continue.


 Hermès Bag Prices: Frequently Asked Questions

Q: Which price range is the most popular?

A: Bags around the ¥2 million mark, like Birkin 25 and Kelly 25, are especially popular. These sizes fit Japanese women well and often resell at around 1.5× their retail price.


Q: What’s the most affordable Hermès bag?

A: Casual models like the Evelyne TPM and Picotin PM are the most accessible. In 2025, they retail for approx. ¥350,000–¥580,000, but popular colors may exceed retail in the resale market.


Q: What’s the most expensive Hermès bag?

A: The most expensive is the Himalaya Birkin. Retail price ranges from approx. ¥7.5M–¥10.5M, depending on size (Source: Sotheby’s).


Q: Why are resale prices often higher than retail?

A: Because production is limited and demand is high—especially for Birkin and Kelly. In excellent condition, they’re often resold for 1.5–2× the retail price.


Q: What kind of income do Hermès buyers typically have?

A: While there’s no strict rule, most buyers fall into the ¥20M–¥30M+ annual household income bracket, often business owners or high-net-worth individuals.


Birkins and Kellys, in particular, serve as status symbols.


What to Do If You Can’t Buy at a Hermès Boutique

Buying directly from a Hermès boutique is ideal—but in reality, it’s difficult to even be offered a bag, let alone get your preferred model. That’s where the secondhand and resale market comes in.


Why Buy Through a Trusted Reseller?

Purchasing through an authenticated, specialist store gives you peace of mind and access to multiple models and colors not typically available in boutiques.


Find Rare Colors & Limited Editions

Hard-to-find shades and limited-edition pieces that boutiques rarely offer are often available through the resale market—allowing you to find that perfect match for your style.


Benefits of the Secondhand Market

You can inspect the condition and included accessories while comparing prices. In some cases, you might even find a like-new bag below retail, making it a smart option.


Hermès Bags: Fashion with Asset Value

Hermès bags are not just luxury items—they’re recognized globally as fashion investments with real asset value.


Understanding both retail and resale prices is essential when buying or selling.

  1. Comparing these helps you identify fair market value.
  2. Keeping asset value in mind adds investment appeal.
  3. For top-dollar resale, rely on established, reputable resellers.


With their rarity and brand prestige, Hermès bags add not just beauty, but prestige and substance to your lifestyle.


Whether you're considering a purchase or evaluating one you already own, start by understanding the pricing landscape.


And when it comes time to sell, working with resellers who have global buyer networks can help you get the highest offer.


We hope this guide helps you make an informed and confident decision.