Pre Owned HERMÈS
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The first half of 2022 has been dominated by smaller Hermès bags selling at the highest prices regardless of the channel. Leather Hermès bags are also selling at higher premiums relative to retail versus most exotic bags, with a few exceptions.
The price of the 20cm Hermès Kelly bag has been averaging more at auction and Buy Now than other Birkin or Kelly bag.
Luxury bag
Both 25cm Birkin and Kelly bags are the next most popular followed by 28cm Kelly bags and 30cm Birkin bags.
New bags from 2021-2022 with plastic still on the hardware are also selling for about 10%+ premium versus bags in pristine condition that are either older or the plastic has been removed.
Leather Bag
Prices for Birkin and Kelly bags have increased an average of 10% since the beginning of 2022. Auction prices for leather 20cm Kellys remain stable at an average of $28,500.
Average prices reflect varying condition so new bags from 2021-2022 with plastic on the hardware generally sell 10%+ above the average depending on color and material.
Hermès Limited Edition Shadow Birkin Bags
Shadow Birkin bags are shaping up to be one of the only Limited Editions rising in auction value.
The new 25cm Shadow Birkin bags have only had a presence on the auction market for about a year, but results are trending upward.
Hermès Rose Sakura Birkin
bags have been on the auction market since 2016 and remains a collector’s favorite. The delicate pink, meant to evoke Japanese Cherry blossoms, is primarily available in Swift leather. In April 2022, Sotheby’s set a new auction record for a leather Birkin or Kelly bag with the sale of a 25cm Rose Sakura Swift Birkin with Palladium Hardware for $64,230. Birkin bags in this color and size have averaged over $30,000 at auction since 2020.
Hermès Metallic Silver and Bronze Chevre Birkin 25 Palladium Hardware
Hermès Birkin 25 Metallic Silver and Bronze Chevre Palladium Hardware
Metallic Birkin bags
were first released to coincide with the Athens Olympics in 2004. Gold, Silver and Bronze Chevre Birkin bags were produced in extremely limited quantities. Very few bags have survived in good condition as the metallic finish has been known to wear off with use. In April 29 2022, the third metallic Birkin ever sold at auction set a new record for leather bags at $136,490, a possibly unique Silver example with Bronze piping. This price broke the previous Sotheby’s record set in December 2021 of $126,000 for a 2004 Metallic Silver
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