We’ll also cover popular colors, how prices have changed over time, and tips for getting the best resale value. Whether you're buying new or considering selling, this is your ultimate guide to the Picotin Lock in 2025.
Beloved for its minimalist yet refined design and everyday practicality, the Picotin Lock is one of Hermès’ most sought-after bags. And if you're thinking of adding one to your collection, your first question is probably: "How much does it actually cost?"
This post dives deep into the 2025 price list, explaining the differences based on size, material, and special models. We’ve made sure to cover everything in detail so you can make an informed decision.
For a more in-depth look at choosing the right Picotin for you, be sure to check out our Complete Hermès Picotin Guide as well.
And don’t miss the second half of this post, where we explore market trends in the resale world and how to sell your Picotin for top dollar. Let’s get started!
The price of the Picotin Lock varies depending on size, material, and specifications. As of the time this article was updated, the retail prices at official Hermès stores for the standard models (made from materials like Togo or Clemence) are as follows.
※Please note that these are reference prices as of the article’s update. For the most accurate and current information, please check directly at the store.
Hermès regularly revises its prices, and in the case of the Picotin Lock, there has been an approximate 9–10% price increase compared to 2024.
(For example: the Picotin Lock 18 (PM) in Taurillon Clemence rose from ¥490,600 to ¥537,900.)
Also, due to differences in exchange rates and tax systems, prices between Japan and overseas can vary by about 10–15%.
The Picotin Lock is available in a variety of special editions, including the Casque, Touch, and Éclat series. Below is a list of the retail prices for each of these models.
※Please note: The prices listed are reference prices as of the time of this article’s update. For the most current pricing, please check directly with an Hermès boutique.
Picotin Lock 18 (PM) Casaque: ¥521,400
The Picotin Lock Casaque features a bold and stylish bi-color design. “Casaque” is French for a jockey’s racing uniform—perfectly fitting for this sporty, vibrant look.
Picotin Lock 22 (MM) Touch (Crocodile/Taurillon): ¥629,200
This model combines luxurious materials, using exotic leather like crocodile for the handles, contrasting with a supple Taurillon leather body. The difference in texture and color adds a refined and exclusive feel.
Picotin Lock 18 (PM) Éclat: ¥568,700
The Éclat model stands out with a pop of contrasting color on the inner side of the handles. This subtle two-tone design brings a fresh and dynamic twist to the classic silhouette.
Picotin Lock 18 (PM) Monochrome: ¥570,900
As the name suggests, the Monochrome edition features a single, uniform color across the entire bag—including hardware and base studs. It’s a sleek and playful take on modern minimalism.
Picotin Lock 18 (PM) Feutre: ¥531,300
Crafted from thick, durable felt, this model is both lightweight and resistant to losing its shape. Its warm, textured look makes it the perfect companion for the fall and winter seasons.
Picotin Lock 18 (PM) Pocket (Cargo): ¥662,200
This practical version of the Picotin Lock features external pockets, adding extra storage and a distinctive, utility-inspired appearance.
Picotin Lock 18 (PM) Lucky Daisy: ¥610,500
This charming floral design features petals shaped like horseshoes—adding a touch of elegance with a playful twist. It's a refined yet whimsical take on the classic Picotin.
The Hermès Picotin Lock has seen regular price revisions over the years, with a steady upward trend in retail prices. Below is a breakdown of the price changes over the past three years for the Picotin Lock in Taurillon Clemence leather, focusing on the PM and MM sizes.
Picotin Lock 18 (PM) – Taurillon Clemence: Price Trend
| Year | Retail Price | Increase Rate |
| 2023 | ¥415,800 | - |
| 2024 | ¥490,600 | +17.99％ |
| 2025 | ¥537,900 | +9.64％ |
Picotin Lock 22 (MM) – Taurillon Clemence: Price Trend
| Year | Retail Price | Increase Rate |
| 2023 | ¥457,600 | - |
| 2024 | ¥531,300 | +16.11％ |
| 2025 | ¥578,600 | +8.9％ |
As you can see, from 2023 to 2025, the retail prices for the Picotin Lock have continued to rise. Once considered one of the more “affordable” options in the Hermès handbag lineup, the Picotin Lock 18 (PM) crossing the ¥500,000 mark drew quite a bit of attention among Hermès fans.
With Hermès consistently increasing prices each year, it’s likely this trend will continue going forward.
The retail price of the Hermès Picotin Lock varies depending on the material and size of the bag. While there are generally no price differences based on color, limited-edition shades and highly sought-after hues tend to fetch higher prices on the secondary (resale) market due to their rarity and demand.
In some cases, even standard colors can become difficult to obtain, which also drives up their resale value.
※Note: The prices listed below are reference figures as of the time of this article's update. Please check in-store for the most current pricing.
As mentioned earlier, Hermès does not typically change retail prices based on color. However, limited-edition colors and popular shades often become hard to find and may command significantly higher prices on the secondhand market.
Below is a summary of colors that tend to maintain high resale value:
As mentioned earlier, certain Picotin Lock models—especially those made with special materials or rare colors—tend to trade above their official retail price on the resale market. Here’s a summary of the key features to watch for:
Colors with consistently high demand, such as Etoupe, Noir, and Gold, often sell for more than retail in the resale market.
These colors are especially worth monitoring. Brand-new, unused bags in these shades can sometimes fetch 5–15% above retail price.
Limited editions typically have lower availability, which often leads to premium prices on the resale market.
The Picotin Lock Touch, for example, is made with exotic leathers, making it particularly rare and valuable.
It’s common for this model to sell for 10–20% above retail price when brand new and unused.
With the rise of mini-sized bags in fashion, the Picotin Lock’s smallest size—the Micro—has seen increasing demand in recent years. Because these bags are produced in limited quantities, they often sell for above retail price on the resale market. Brand-new, unused Micros can fetch 10–25% more than the original retail price.
When it comes to resale value, having all the original accessories is a key factor. Bags sold with all accompanying items from the Hermès boutique—such as the box, dust bag, receipt, and ribbon—and in brand-new, unused condition, have a much higher chance of being sold above retail price.
If you’re thinking about selling your Picotin Lock, here are some key points to help you get a price above retail.
To get an accurate and high appraisal for your Picotin Lock or any Hermès item, it’s best to go to a reseller who specializes in Hermès. These specialists have a large customer base of Hermès buyers and strong demand, which means they can confidently resell your item—leading to higher offers for you.
This is especially true for models made with special materials, which some general resellers may refuse to appraise. Hermès specialists, however, often have buyers lined up for these rare pieces and can give you a better price.
As mentioned earlier, certain Picotin Locks tend to fetch higher prices. While you can’t change your bag’s color or model after purchase, you can keep all original accessories safe (box, dust bag, receipt, ribbon, etc.) to boost its value.
Brand-new, unused bags generally sell for the highest prices, but even used bags in excellent condition with minimal wear tend to be valued higher.
Take good care of your bag by avoiding water exposure and wiping off any moisture or stains promptly to maintain its beauty.
For detailed care tips, check out:
▶︎ Hermès Picotin Complete Guide: Prices, Sizes, How to Use, and How to Choose
If you want to sell your Picotin Lock for the highest possible price, it’s essential to get appraisals from several stores—especially Hermès specialists.
Many stores now offer convenient options like photo-based appraisals or mail-in buybacks, so you don’t necessarily need to visit in person.
For example, Hermès specialist store XIAOMA offers both photo appraisals and mail-in services. You can get an appraisal without any obligation (cancellations after appraisal are free), so it’s worth trying.
▶︎ Check out XIAOMA’s simple photo appraisal here
The retail price of the Picotin Lock has increased by over ¥100,000 in just the past three years (for PM and MM sizes in Taurillon Clemence leather). So, if you want to get the best deal, buy when you find the model you want at an official Hermès boutique.
However, if you have a specific color or size in mind, it might take some time to find it in-store. In that case, consider buying from the secondary market, where you can access a wider variety of options—often with immediate availability.
Hermès specialist store XIAOMA carries a wide selection of Picotin Locks. You can also visit our store to try on different models in front of a mirror and find the perfect one for you.
