Model and size
The Birkin 25 and the Kelly 25 and 28 are the sizes the market asks for in 2026. Larger sizes that were once the default command a smaller premium over their list prices.
The one maison whose bags routinely resell above the boutique price — the Birkin, Kelly and Constance.
Birkin 25 resells about 2× retail · 2026US retail up 6–7% in January 2026Founded 1837 · Paris
Hermès is the only major maison whose bags routinely resell above their boutique price. In 2026 a Birkin 25 in Togo lists at about $13,500 in the US and pristine examples resell for roughly $28,000–32,000; a Birkin 30 lists at about $14,900 and resells around $24,000–30,000. The Kelly and Constance also trade above retail, while more available bags such as the Evelyne, Picotin and Garden Party resell nearer to it.
Figures reviewed September 2026
Hermès does not sell its most wanted bags to anyone who walks in. Birkins, Kellys and Constances are offered to established clients at the boutique's discretion, so a buyer without that history can only buy one on the secondary market. The resale premium is the price of that access.
The premium is not uniform. Smaller sizes now command more than larger ones. Neutral colors in Togo or Epsom are the liquid core of the market; rare colors can go far higher, and exotic skins are a specialist market of their own. Condition is priced hard: a pristine bag, never carried and with the protective plastic still on its hardware, sits well above one carried for a season.
Hermès raised US prices again in January 2026 — about 6 percent on the Birkin 25 and 7 percent on the Birkin 30 in Togo. Rising list prices lift the floor under resale, which is part of why these bags have proved so resilient.
| Model | US retail, 2026 | Resale, 2026 | Against retail |
|---|---|---|---|
| Birkin 25, Togo | About $13,500 | About $28,000–32,000 pristine | Roughly 2–2.4× |
| Birkin 30, Togo | About $14,900 | About $24,000–30,000 pristine | Roughly 1.6–2× |
| Kelly (25, 28) | Varies by construction and leather | Above retail | Roughly 1.1–2.2× |
| Constance (18, 24) | Varies by leather | Above retail | Roughly 1.1–2× |
| Evelyne, Picotin, Garden Party | Varies | Near retail | Roughly 0.7–1.1× |
| Exotic skins | Far above calf | Highly variable | CITES paperwork decides where it can be sold |
Indicative US figures for pristine or excellent condition, reviewed September 2026. Carried bags sit well below these ranges.
The things a buyer prices in, in roughly the order they look for them.
The Birkin 25 and the Kelly 25 and 28 are the sizes the market asks for in 2026. Larger sizes that were once the default command a smaller premium over their list prices.
Togo and Epsom in black, gold, étoupe or craie sell fastest at the center of the range. Rare colors can go well above it; unpopular ones below.
Pristine — unworn, with the hardware plastic on — is its own price tier. Corner rub, a relaxed shape or scratched hardware can take thousands of dollars off a Birkin.
Box, dust bag, rain cover, clochette, lock and matching keys, and the receipt. A Birkin missing its lock and keys, or with a mismatched set, sells as a lesser bag.
Replaced hardware, re-dyed leather or re-stitched seams are legitimate maintenance, but the market prices a restored Hermès below an original one in the same condition.
Where one market has enough of its own to say, it has its own page — dated figures, recent results and the questions asked about it.
Specialist Hermès resellers and the handbag departments of the major auction houses compete for Birkins, Kellys and Constances. Commissions on these bags are negotiable, and an outright offer from a specialist can be close to what a private sale would net after its risks.
Gather more than one offer, quote the stamp year, leather, color, hardware and size exactly, and photograph the full set. Exotic-skin bags need their CITES documentation before any reseller can list them across a border.
Indicative ranges for honest condition, never an appraisal or a quotation. The house buys, sells and values nothing; a specialist who can see the piece is the only one who can price it.
Lovenhall BagThis page reads the market. The instrument reads what you are holding — recognised from a photograph, with a range for its kind.