The Kelly 28 has long been loved for its practical size and timeless elegance.
However, with the rising popularity of the trendier and more compact Kelly 25, more people are now considering parting with their 28s.
In this article, we’ll break down everything you need to know about the current resale value of the Kelly 28 (as of 2025) — including price ranges by material and condition, how it compares to its original retail price, what features get the highest appraisals, and why consignment might be a smarter choice than instant buyback.
If you’re asking yourself, “How much could I sell my Kelly 28 for today?”, or considering upgrading to a Kelly 25 and need to free up funds, this guide is for you.
Some may wonder if the Kelly 28 is still relevant in today’s resale market. The answer: absolutely.
Thanks to its ideal size and practical design, the Kelly 28 continues to be a sought-after model with stable resale value.
The Kelly 28 strikes a balance between capacity and elegance — large enough for daily use, yet polished enough for formal occasions.
Its steady demand over the years has resulted in a well-established market with relatively stable resale prices.
The Kelly 25 is the current “It Bag” in the fashion world, often priced higher due to its rarity and compact appeal.
Still, many find it too small for regular use. This is where the Kelly 28 shines — offering practical elegance and becoming the deliberate choice of seasoned collectors.
In short: the Kelly 25 may be trending, but the Kelly 28 holds its own as a classic.
Among the Kelly 28 lineup, classic materials like Togo, Swift, and Epsom continue to enjoy stable popularity.
Additionally, staple colors such as Black, Etoupe, and Gold tend to receive high resale evaluations.
Furthermore, newer stamp years like W stamp (2024) and K stamp (2025), along with items in well-preserved condition, can sometimes receive high valuations regardless of their condition grade.
▶︎ For more details on overall Kelly resale trends, check out the “Complete Guide to Kelly Resale.”
When estimating the resale price of a Kelly 28, comparing it to the original retail price (at the time of purchase) is an important reference point.
Below, we’ll explain the retail price as of 2025, the differences depending on materials and construction, and recent pricing trends.
As of 2025, the retail price for a Kelly 28 in Togo leather with retourné (inside stitching) construction is ¥1,969,000 (tax included).
For the Epsom leather with sellier (outside stitching) construction, the retail price is ¥2,057,000 (tax included).
The choice of gold or silver (palladium) hardware does not affect the price, but in reality, the popularity of the color and store inventory can impact which models are more likely to be offered.
※ At official boutiques, the products offered often vary depending on the customer's purchase history and relationship with the store.
The Kelly 28 is also available in exotic leathers such as Porosus and Alligator.
These models are typically only offered to a limited number of clients even in official boutiques, and retail prices are rarely published on official sites.
One past case from 2019 reported that a Kelly 28 in Alligator Lisse leather was sold for ¥5,170,000 (tax included).
Considering that the price of Togo leather has increased by approximately 1.5 times since then, it is estimated that in 2025, Kelly 28 models made of exotic leather range between ¥7,500,000 and ¥8,000,000.
Furthermore, special models such as those made with Porosus or Himalaya materials may have retail prices exceeding ¥10,000,000.
These exotic models are highly valuable and are expected to fetch premium prices in the secondhand market due to their rarity.
The Kelly 28 is one of the models most affected by recent price revisions.
Below is a summary of the retail price trend over the past three years for the Epsom leather (sellier) version:
As shown, price revisions have continued annually, with an overall increase of about ¥410,000 (approx. 25%) over two years.
Such consistent increases in retail price have contributed to raising the base price in the secondhand market as well, meaning that in some cases, well-maintained items can be bought back at prices higher than the original purchase price.
※ Please note that all price information is based on the time of writing. Prices may vary depending on material, specifications, and other factors.
With retail prices on the rise, now is an excellent time to consider selling your Kelly 28.
However, resale values can vary significantly depending on factors like material, condition (signs of use), and presence of accessories.
Below, we’ll break down the estimated resale price ranges for Kelly 28 models as of 2025, based on material and condition.
The following chart shows general price ranges in the current resale market.
Please note: actual appraisal values may vary depending on the shop, sales channels, and stock levels, so treat this as a reference only.
※ These values are based on market data as of the time of writing. Final prices may vary depending on factors such as stamp, color, hardware, and presence of accessories.
“If I’m going to sell it, I want to get the best possible price.”
When it comes to high-value models like the Kelly 28, small details can make a big difference.
Here are four key tips that can significantly impact your appraisal outcome:
One of the most critical points in any appraisal is whether all original accessories are complete.
The absence of certain items can lead to notable price reductions.
Items considered essential typically include:
For the highest possible valuation, submitting your Kelly 28 as a “full set” is ideal.
Even if your Kelly 28 is rated as "Used - A Rank", taking a few simple steps like gently wiping the surface or tidying the interior can dramatically improve its overall impression.
This is especially important for white or light-colored bags, where corner wear or stains can influence the item’s grading.
While over-cleaning should be avoided, even lightly removing dust or surface dirt can leave a better impression on the appraiser. A small effort before appraisal is highly recommended.
Hermès has implemented price increases every year, and retail prices have continued to rise since 2023.
When this happens, “higher retail = higher resale” often applies, positively affecting the buyback market.
Other timing factors that may help boost your resale price include:
If you’re unsure about selling, consider using the LINE appraisal service to get a feel for the current market.
▶︎[Click here for XIAOMA’s free LINE appraisal]
The Kelly 28 is not just a luxury bag—it’s sometimes considered an asset in itself.
Rare colors, special stamps, and newer models can see large appraisal differences depending on the expertise of the appraiser.
Shops that specialize in Hermès or have global resale channels are more likely to offer accurate and competitive pricing based on worldwide demand and the latest pricing updates.
"I don’t mind waiting, I just want to sell at the best possible price."
For those with this mindset, consignment sales can be a great option.
In this section, we’ll explain the basic mechanism of consignment, how it differs from regular buyback, and the support system offered by XIAOMA.
Consignment allows you to entrust your bag to a specialty store, which then sells it at your desired price.
Once a buyer is found, the sale is completed and the funds are paid out to you.
【Flow of the Consignment Process】
While it may take time for the sale to finalize, the price is generally set higher than direct purchase offers, which means you could receive a larger payout once it sells.
If you're not in a rush but want to get the best possible return, consignment is an excellent route to consider.
At XIAOMA, our expert Hermes-focused channels and professional appraisers work together to build a compelling product page targeting both domestic and international buyers.
From product photography and pricing strategy to listing management and customer support—we handle everything for you.
Additionally, if you're thinking, "I want to sell my Kelly 28 and buy a Kelly 25 instead", we can help by showing you in-stock options while your item is on consignment.
It's not just about the sale—we’re here to help you plan for your next luxury purchase too.
▶︎Click here to learn more about XIAOMA's consignment service
Yes, it is. While the Kelly 25 has gained notable popularity in recent years, the Kelly 28 remains a favorite due to its ideal balance of practicality, storage capacity, and elegance.
Depending on the color, material, and design, some pieces can even fetch resale prices above retail. If your bag is in good condition, you can expect strong resale value.
Absolutely. Even with an older stamp, your Kelly 28 can still be highly evaluated if it’s in good condition or features a popular color or material.
However, if the hardware has deteriorated or the bag wasn’t well stored, the value may be reduced. We recommend using LINE for a free appraisal to better understand your bag’s current value.
Yes, it’s possible. For new or unused pieces, especially those in popular colors, recent stamps, and classic materials, offers above retail are not uncommon.
Right after price revisions or during periods of low inventory, high buyback prices are particularly likely—timing can make a big difference.
Generally, the Kelly 25 tends to command higher resale prices, but the Kelly 28 also enjoys strong and steady demand.
While the Kelly 25 has more limited circulation, the 28 appeals to repeat buyers who appreciate its size, and there is also strong overseas demand. Depending on the color and material, resale prices may be similar—or even higher—for the Kelly 28.
Yes, many customers at XIAOMA choose to sell their Kelly 28 and trade up to a Kelly 25.
With access to a wide range of domestic and international inventory, we can help you not only sell your current bag but also find the perfect next one.
Feel free to consult us via XIAOMA’s official LINE for assistance.
The Kelly 28 has long been supported as a practical, timeless size.
Especially in classic colors and materials, it continues to hold steady value in the secondhand market—making now an excellent time to sell.
Since 2023, retail prices have been rising with regular price revisions, and accordingly, buyback prices are also on the rise.
If you have a well-maintained Kelly 28, this could be an ideal time to consider selling or upgrading, with future asset fluctuations in mind.
For those thinking, “I want to trade up to a Kelly 25 or Mini Kelly”, now is also a very good time to make that move.
At XIAOMA, not only do we offer high buyback prices and consignment services for your Kelly 28, but we also provide access to a wide range of domestic and international inventory to help you find your next bag.
You can directly apply your sale proceeds to your new purchase—making it easy and stress-free to step up to a trending model.
Whether you're looking for a compact size to better suit your lifestyle or seeking a rare color or stamp with extra uniqueness, XIAOMA is here to help.
▶︎ Check your bag’s condition and price with our free LINE appraisal
▶︎ Browse available Kelly 25 / Mini Kelly bags — Compare and find the right one
▶︎ Learn more about consignment — A smart option to sell for the highest price
