When you’re guided to a Picotin bag at an authorized store, sometimes it turns out to be a bit different from the one you originally had your heart set on. Because of this, there are cases where people buy one for the time being but end up wanting their ideal model after all.
The Picotin is a model known for its popularity and rarity, and new ones can sometimes sell for more than the retail price. Especially if you have a popular color or a trendy version, you can aim for a high appraisal.
In this article, we’ll answer questions like, “Can a brand-new Picotin really sell well?” and “How can I avoid getting a lower appraisal?” We’ll also share easy-to-understand tips on how to sell your bag at the best price and on terms that you’ll feel good about.
Many people assume that “if it’s brand new, it should sell for more than the retail price.” However, the actual market value depends on several factors like color, material, engraving, and condition.
Here, based on the latest retail prices and market data as of August 2025, we’ll break down the resale prices of Picotin bags and the reasons behind them.
Below is an example of the resale market prices for brand-new Picotin Lock bags as of August 2025 — all in the popular Togo Clemence leather.
※These estimates assume popular engraving, gold hardware, excellent condition, and full set.
※Prices as of August 2025 and subject to change depending on engraving, preservation, and other factors.
Black and Beton colors tend to be valued highly in any size, and if it's a popular combination like PM size × gold hardware, it's quite possible to receive an appraisal that exceeds the original retail price.
Related: [2025 Edition] Picotin Resale Market Trends and Tips for High Appraisal
Many people wonder, “Can I sell an unused Picotin for more than the retail price?”
In reality, there are indeed cases where the appraisal exceeds the original price—especially if the bag meets certain criteria.
※Reference as of August 2025. Prices may change due to future price revisions.
Related: [2025 Edition] Hermes Picotin Lock Price List – Full Guide by Size and Type
Main conditions that can lead to prices above retail:
A combination like “PM × Etoupe × Gold Hardware × K stamp (latest)” is in particularly high demand and has often sold above retail in both buyback and consignment scenarios.
On the other hand, there are also cases where it sells below retail price:
Remember, the retail price is simply the “purchase price for a new item,” while resale value is flexible and based on market supply-demand and item condition.
It’s best not to assume that “because it's new, it will sell for more.” Instead, judge carefully by checking the market, conditions, and timing.
Many sellers are surprised when they receive lower-than-expected appraisals, even though they assumed their bag would fetch more simply because it was new.
Here are some common reasons for deductions in value—and how to avoid them when selling a new Picotin:
Even if you just “tried it on in your room” or “carried it for a few minutes,” if there are fine scratches on the hardware, the item may be classified as “like new” instead of “brand new.”
This is especially true for parts like the padlock and bottom studs, which are prone to scratching and closely inspected during appraisals.
Whether the protective seals are still on the hardware is a major factor in whether it gets rated as “new.”
When appraising a new Picotin, having the full set is often assumed. Missing any of the following items can result in a reduction of several thousand to tens of thousands of yen:
Many say, “I threw out the box because it took up space,” but keeping everything together is highly recommended for getting a better price.
Picotins come with year-based stamps (e.g., Z stamp), which indicate the manufacturing year.
If the stamp or purchase date is unclear, the item might be rated lower for lack of freshness.
When doing an appraisal via LINE or other channels, sharing a close-up of the stamp and a rough idea of when it was purchased can help establish trust and improve the valuation.
Even if a bag is technically new, poor storage can lead to deductions for:
Since the Picotin is a structured bag, shape retention plays a big role in appraisal impressions.
“Thought it was new, but still got a deduction...”
To avoid this, always store and manage your bag with the mindset that you might sell it later.
A little bit of care can change your appraisal value by tens of thousands of yen—this is the reality of the Picotin resale market.
Knowing the market isn't enough if you want to get the best price for your Picotin.
Whether or not you cover the key appraisal points makes a huge difference in the final offer.
Here are 3 important things to keep in mind when trying to sell a new Picotin for top dollar:
Among the many factors that affect resale value, item condition and completeness of accessories are especially important.
Before the appraisal, check the following:
If the bag is in brand-new or like-new condition with a full set, the appraisal can increase significantly.
Even missing just one accessory can cause a price difference of several thousand to tens of thousands of yen.
The resale value of a Picotin can vary significantly depending on its color and size.
Certain combinations are especially in demand and have a proven track record of selling at higher prices:
By understanding whether your bag fits into a high-demand category, you can avoid the regret of “I could’ve sold it for much more!”
Appraisal prices vary between stores, so it’s important not to jump at the first offer. Comparing quotes through multiple channels will give you a better idea of the fair market value.
Here’s a recommended approach:
Because the Picotin is a highly sought-after model, consignment often results in higher final prices.
It’s ideal to choose a store that offers flexible selling options based on your needs.
So, what is “consignment”?
Consignment means leaving your bag with a store to sell on your behalf.
While it may take longer, it usually results in a higher selling price.
This option is perfect for those who want to sell for the best possible price and aren’t in a rush.
When it comes to selling your Picotin, the most common method is buyback—but if your goal is to get the highest return, consignment is a serious option to consider.
Here’s a breakdown of the pros and cons of each method to help you choose what fits your situation:
Buy in offers a quick and convenient way to sell your bag.
Once the appraisal is done, you can get the payment on the same day.
With consignment, the store sells your bag for you, and you receive the payment after it’s sold.
It takes longer, but there’s a higher chance of a better price than buyback.
The Picotin is one of Hermes’ most popular and timeless models.
Because of its high market demand, many sellers find they earn more through consignment—especially when the bag is in excellent condition and meets current trends.
“Should I go with buyback or consignment?”
“I just want to know how much it’s worth first.”
If you’re unsure, you can use XIAOMA’s LINE appraisal for a free, photo-based consultation.
XIAOMA’s team of Hermes-specialized appraisers provides kind and expert service, offering both buyback and consignment with flexibility.
Consignment sales come with no fees, no cancellation charges, and the option to switch to buyback later if needed.
When in doubt, it’s best to get advice from professionals with expertise in Hermes resale—so you can make the most informed and satisfying choice.
▶︎[Click here for more on Hermes buyback with XIAOMA]
Yes, it can.
Especially when it comes to popular colors like Etoupe or Black, and if the bag is in brand new, unused condition, it’s not uncommon to receive offers that exceed the original retail price—either through buyback or consignment.
That said, factors like year stamp, hardware color, and whether all accessories are included can significantly affect the price.
Start by getting a feel for the current market through a quick LINE appraisal—it’s the best first step.
Related: [Top 5 Hermes Items That Sell for the Most in 2025] — Birkin, Kelly, and How to Maximize Your Payout
Generally speaking, yes.
For new Picotin appraisals, having a full set—including box, dust bags, keys, padlock, and shopping bag—is ideal.
However, if the bag is in excellent condition, it’s still possible to receive a high valuation even with some missing accessories.
When in doubt, send photos and consult via LINE for tailored advice.
Depending on the condition, it may still be evaluated as “unused.”
But if there are visible signs such as minor scratches on the hardware, lingering scent, or loss of shape, it may be appraised as “like new” or “excellent condition” instead.
Whether the protective seals are still intact on the hardware is a key factor in being recognized as truly “brand new.”
Yes, very common.
For example: “I wanted a PM size but ended up with an MM,” or “I was aiming for gold hardware, but was offered silver instead.”
Many people buy what’s available at the time, only to reconsider later and decide to sell.
This isn't disrespectful to the brand at all—it’s a rational and valid choice when you're making decisions based on long-term value and personal preferences.
Absolutely.
XIAOMA’s LINE appraisal is frequently used by those who “just want to know the value for now.”
There’s no obligation to sell if you’re not satisfied with the offer, and there’s zero pressure or sales push.
We welcome appraisal-only inquiries—feel free to use it anytime.
▶︎Try XIAOMA’s Free LINE Appraisal Here
If you’re also curious about resale prices for other popular Hermes models, don’t miss this complete guide: “Latest Hermes Buyback Market & High-Pricing Strategies Guide”
The Hermes Picotin has charmed many with its adorable silhouette and high-quality craftsmanship.
But today, the Picotin has become more than just a fashion accessory—it can now be seen as a valuable asset.
Especially when it’s a popular color and model, it may sell for more than retail even if it has never been used. That’s one of Picotin’s most appealing qualities.
“I got offered one but it wasn’t quite what I wanted.”
“I ended up not using it as much as I thought I would.”
If you have a Picotin sitting unused for those kinds of reasons, that could be your stepping stone to your next perfect bag.
Even if you’re unsure, just sending a few photos via LINE is a great starting point.
Why not find out what your Picotin is worth today?
