Among all Hermès bags, the Picotin stands out for its balance of practicality and elegance. In recent years, it has also gained attention as a bag with asset value, with more cases where popular colors and brand-new pieces are being bought back at prices higher than retail.
In this post, we’ll break down the latest 2025 resale prices for Picotin by size, color, and condition. We'll also cover tips on how to sell at a higher price, the differences between direct selling and consignment, and a simple walkthrough of how to sell using LINE appraisal.
If you’re wondering “How much can I sell my Picotin for?” or “Where’s the best place to sell it?”—this guide is for you.
The resale value of Hermès Picotin varies significantly depending on the size. Among them, the PM (18cm) size has been especially popular in recent years, and in some cases, certain materials or colors are being bought back at prices above retail.
Here’s an overview of the estimated resale prices for each size of the Picotin Lock as of 2025. (Note: Actual resale prices may fluctuate depending on market trends and stock availability.)
The GM size is less common in the market, but there is consistent demand, and depending on the condition and color, it can fetch a high resale price.
In recent years, resale demand for the Picotin has been rising, especially for popular colors and unused items, with some models seeing an upward trend in value.
That said, factors like the weak yen and supply conditions can cause price swings, so it’s important to know “how much your bag is worth right now.”
▶︎If you’d like to compare resale prices with retail prices, be sure to check out the “Picotin Lock Retail Price List”
The resale value of the Picotin Lock can vary significantly depending on the color. Especially for classic or highly sought-after shades, you can expect higher appraisals.
Below is a breakdown of estimated resale prices by color and size as of May 2025, focusing on the popular Picotin Lock PM (18cm).
※These prices are for reference only. Actual resale values may vary depending on market trends, bag condition, and the presence of accessories.
※These prices are for reference only. Actual resale values may vary depending on market trends, item condition, and whether all accessories are included.
Quick Tip
Resale prices can vary based on the item's condition, presence of accessories, year of manufacture, and hardware color (gold or silver). In addition, daily fluctuations may occur due to currency exchange rates and market supply and demand.
If you want to know the current resale value of your Picotin, the most reliable way is to inquire via LINE.
▶︎Try XIAOMA’s LINE Appraisal (Free)
To sell your Picotin for the best possible price, it’s not just about knowing the market value—it’s also important to understand what aspects are valued during appraisal.
Here are three key points that appraisers often focus on:
The condition of your bag has a major impact on the resale price. Be sure to check the following before an appraisal:
Bags that are in new or like-new condition tend to receive higher evaluations. Even just missing accessories can result in a price difference of tens of thousands of yen.
As mentioned earlier, demand for the Picotin varies widely depending on color and size. The following combinations, in particular, tend to have strong resale performance:
Knowing whether your bag is considered a popular model can help you avoid selling it below its actual market value.
Each store has its own appraisal standards and brand specialties. Instead of taking your bag directly to just one place, it’s a good idea to start by using services like LINE appraisal to get quotes from multiple shops.
In addition to “instant cash purchases,” there’s also the option of “consignment sales,” where you aim for a higher price by taking more time to sell. We’ll go over the pros and cons of each method in the next section.
Quick Tip
Many people think, “I bought it years ago, so I have no idea what it’s worth,” or “I’m not sure if now is the right time to sell.” If that sounds like you, the first step is simply finding out the current value.
With XIAOMA’s LINE appraisal, you can quickly check the resale range of your Picotin just by sending photos.
Selling your Picotin isn’t limited to just direct resale. If you want to get a higher price, consignment sales can be a strong option.
Understand the features, pros, and cons of each method, and choose the one that fits your needs best.
Direct resale offers the biggest advantage of receiving an immediate offer after appraisal and getting cash on the spot if you agree to the price.
Features of Direct Resale
Recommended for:
Those who “need funds quickly” or “want to sell fast because they’re considering buying a new bag.”
Consignment sales involve leaving your item at a store and receiving a portion of the sale once it actually sells. While it may take time to sell, the biggest advantage is the potential to get a higher price than direct resale.
Features of Consignment Sales
Sometimes sells for above retail price
Takes longer to sell compared to direct resale
Sales commission applies (varies by store)
Recommended for:
Those who “have popular colors in new or excellent condition” and “aren’t in a hurry and want to maximize their selling price.”
Because the Picotin is a classic, popular model, there are many cases where consignment sales can be more advantageous depending on the bag’s condition and color. It’s especially worth considering consignment if you:
XIAOMA supports both direct resale and consignment sales, offering tailored advice based on your preferences and the condition of your bag.
Plus, XIAOMA’s consignment sales come with no commission fees. If you decide to switch to a direct resale mid-sale, there are no cancellation charges, so you can use the service with peace of mind.
If you’re unsure which option suits your Picotin best, you can get a free consultation simply by sending photos via LINE.
Wondering, “I want to sell, but where do I start?” Here’s a quick overview of how the XIAOMA appraisal process works—from valuation to selling.
Everything is done through LINE, so you can easily check the value of your Picotin from home.
With XIAOMA’s LINE appraisal, all you need to do is send the following details:
Our Hermes specialists will carefully review the information and provide a preliminary estimate—usually within 30 minutes.
Once you're happy with the estimated price from the LINE appraisal, you can choose from the following selling options:
※ Just curious about the price? That’s totally fine. We’re happy to provide appraisals only
Here, we answer some of the most common questions from those considering selling their Picotin. Whether you’re new to the process or simply have concerns, we aim to clear up any doubts so you can move forward with confidence.
Yes, it is. In particular, if the bag is a popular color (such as Etoupe or Black) and is brand new or unused, there are cases where it can be sold or consigned for more than the original retail price.
That said, factors like "year of manufacture," "condition," "hardware color," and "market timing" can also affect the price. We recommend starting with a consultation via LINE appraisal.
Absolutely. Picotin bags are in high demand even on the secondhand market, and pre-owned items can still hold considerable value depending on their condition.
Even if there are visible stains or scuffs, we will offer a fair price based on market conditions—feel free to send us photos first.
Having all accessories—box, dust bag, lock, keys, receipt, etc.—can increase the appraisal value. However, we can still purchase the item even if some accessories are missing.
If the item is in particularly good condition, it may still receive a high evaluation even without accessories.
Yes, we welcome bulk requests. In addition to Picotin, we also appraise other Hermès bags such as Kelly, Birkin, Evelyne, Bolide, as well as accessories and watches.
In some cases, submitting multiple items may even increase the total appraisal amount.
It depends on the item and price range, but if the model is popular and in good condition, it may sell the same day or within a few weeks.
At XIAOMA, we've successfully sold not only bags but also accessories and small leather goods on the same day, with an average sale completion time of about 19.8 days (*).
For rare colors or high-priced items, it may take longer to sell. However, we use our unique global network to reach the most suitable buyers.
We also offer flexible pricing based on your preferences and desired selling period, so feel free to consult us.
※ Based on data from May to July 2024.
The value of an Hermès Picotin can vary significantly depending on its size, color, and condition.
In particular, PM sizes and popular colors like Etoupe and Black can sometimes sell for more than their original retail price, making them sought-after bags with real asset value.
If you're looking to quickly convert your bag into cash, “buyback” is a great option. If you're aiming for a higher return and have time to wait, “consignment” may be better suited. With XIAOMA, you can choose a selling method that fits your lifestyle and goals.
“Not sure when I bought it,” or “It’s just been sitting unused”—
Even bags like that might be at their peak value right now.
At XIAOMA, you can get a free appraisal simply by sending photos via LINE. Start by discovering what your Picotin is worth today.
▶︎Click here for LINE appraisal for Free
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▶︎Complete Guide to Birkin Buyback Prices & Tips to Sell High – Can It Go Over Retail?
▶︎Complete Guide to Kelly Buyback – Market Prices by Popular Size & High Appraisal Tips
▶︎Bolide Buyback Prices [2025 Edition] – Key Points to Sell High by Popular Size
