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Embarking upon the search for an Hermès bag can be daunting – and it’s not something that should be rushed. Whether you’re planning on investing in an Hermès Birkin, a Kelly bag or the maison’s Herbag – a canvas and leather purse affectionately referred to as the Kelly’s “younger sister” – research is essential. In the words of Rachel Koffsky, SVP, international head of department for handbags and accessories at Christie’s: “Make sure that you have done your homework. If it sounds too good to be true, it probably is.”
If you are planning to part with the undeniably eye-watering sum for a true fashion classic that will maintain its value, read Vogue’s guide to buying an Hermès bag first.
Hermès bags are a labour of love. “The Hermès Bag is the best example of a heritage piece as it contains an emotional value, and this is why it is so loved,” says Sophie Hersan, co-founder and fashion director of Vestiaire Collective. “These bags are treated with care and have durability, as people attach emotional value to the story behind how they obtained their Hermès bag.”
The maison started life as a Paris harness workshop, established by Thierry Hermès in 1837. Its specialism shifted in the succeeding years and its very first handbag was unveiled in 1922. The Kelly’s predecessor, The Sac à Dépêches, was introduced by Hermès’s head of firm Émile-Maurice in 1935, who wanted to create a bag that met his wife’s needs. Renamed the Kelly in 1977 after Grace Kelly, the Hollywood starlet who became Princess Grace of Monaco, it has since become a fashion classic. The Constance arrived in 1967, and the Birkin several years later in 1984.
Pre-Owned Hermès Birkin 35 Leather Handbag
Pre-Owned Hermès Birkin 35 Leather Bag
Pre-Owned 2005 Hermès Birkin 35 Bag
“I highly recommend purchasing a vintage piece from a reputable source,” notes Koffsky, who deals with Hermès pieces on a regular basis. Auction houses are a good place to start for those seeking rarer models, with the likes of Vestiaire Collective, 1stDibs, Hardly Ever Worn It and Collector Square all major players in the luxury resale market.
“We encourage questions – our team of experts can help you find your favourite colour, size, leather and style,” explains HEWI’s CEO, Tatiana Wolter-Ferguson. “We welcome private appointments with our personal shopping team and can share videos to ensure our clients are confident with their purchase.”
When buying a brand new Hermès style, it’s best to reach out directly to stores and boutiques, who will assist your search. Be patient – you might wait months or years for the right style to become available.
Pre-Owned Hermès Kelly Retourne 32
Pre-Owned 1993 Hermès Kelly 28 Bag
As mentioned, the Kelly bag was renamed after Grace Kelly. She catapulted the style to fame when she was photographed with it – after being introduced to it on the set of Alfred Hitchcock’s To Catch A Thief – for an outing in 1956.
The Hermès Birkin shares its name with another icon, Jane Birkin. The late actor revealed the story behind her namesake bag to Vogue’s Luke Leitch, who was sat beside her at the Hermès autumn/winter 2012 show. “I remember it perfectly well! I’d been upgraded by Air France on a flight to London, and I found myself sitting next to a man [the visionary Jean-Louis Dumas of Hermès]. I’m not quite sure what type of bag I had with me – my husband Jacques Doillon had reversed his car over my basket, crushed it on purpose not two days before. [Dumas] thought I deserved more,” she said of her chance encounter in 1981.
“Little did he know that on this airplane journey, when everything fell out of whatever bag I had, the man next to me said, ‘You should have one with pockets.’ I said: ‘The day Hermès makes one with pockets I will have that.’ And he said: ‘But I am Hermès, and I will put pockets in for you.’ I said, ‘Why don’t you make a handbag that is bigger than the Kelly but smaller than Serge’s suitcase?’ And he said, ‘Well, what would it be like?’ And I think I drew it on the sick bag – or the not-be-sick bag. And he said, ‘I’ll make it for you’.” Birkin lent her name in exchange for an early model of the bag in 1984, and subsequently carried several styles throughout her lifetime.
The two bags have different hardware closures, and the Birkin has two handles compared to the Kelly’s one (the latter also has a strap, allowing it to be worn as a cross-body). Both are made using the most exquisite Hermès craftsmanship.
“It’s quite simple, a Birkin is a better everyday bag as it’s less structured in its design, giving it a more casual look, while the Kelly has a more classic presence and is a great option for special occasions,” suggests Tony Freund, editorial director of 1stDibs.
Pre-Owned Hermès Birkin 35 Handbag
Pre-Owned Hermès 2001 Dalvy 30 Tote Bag
Pre-Owned Hermès 1997 Kelly 32 Handbag
Pre-Owned Hermès 30 Birkin Bag
The reality is, waiting lists at Hermès stores no longer exist. Demand for both styles outstrips supply, meaning that stock varies from store to store. Boutiques have their own style offering, with infrequent deliveries and little notice as to which colourways or finishes will be available to purchase at any given moment. For this reason, customers who want a brand new bag should enquire in store, and seek advice from Hermès sales experts.
In 2016, a 2008 Birkin made from white Himalaya crocodile with 18-karat white gold and diamond hardware was sold at Christie’s Hong Kong’s 30th anniversary auction for £208,175. The following year, a similar Birkin from 2014 sold for a jaw-dropping £293,000, and in 2022, Sotheby’s sold a Diamond Himalaya Birkin 30 for over $450,000.
During Koffsky’s decade at Christie’s, she mentions that one of her “absolute favourite handbags of all time” was the Hermès Metallic Bronze Birkin 25, created in 2005. Twelve years later, in 2017, she had the “privilege” to auction one in Paris, which was expected to sell for between €8,000 and €10,000. In the end, it sold for €100,000. “The excitement of auction cannot be overstated, each sale is like the premiere of a show,” she says. “When top collectors have their eye set on an extreme rarity, there can be no limit to the bidding.”
Pre-Owned Hermès Birkin 35 Leather Bag
Pre-Owned Hermès 1988 Constance 23 Shoulder Bag
Pre-Owned Hermès Red Leather Swift Mini Constance 18
“The handbag market is more similar to other markets than you might expect – it is all a matter of supply and demand,” says Koffsky. “Pieces that are hard to come by are considered rare and valuable. This is why the Hermès Birkin and Kelly in limited edition or discontinued [colours or leathers], and pristine vintage condition capture the attention of collectors.”
As with any investment – be it a work of art or a classic car – condition is everything. Keeping your Hermès bag pristine means it will retain its value for years to come. “Condition is one of the most important indicators of value,” Koffsky continues. (See below for advice on keeping your Hermès in tip-top condition.)
“Curating a handbag collection is very much like curating an art collection,” says Koffsky. Whether you’re an Hermès newcomer or an avid collector, the bag you choose should be based on your personal taste. Classic colours like black, gold, etoupe (taupe) and ivory are consistent bestsellers, and smaller Kellys and Birkins are currently making a comeback (Hersan notes the popularity of the Birkin 25, in particular).
The price will depend on the leathers, exotic skins, hardware and colourways. A product being pre-loved doesn’t make it any less desirable – in fact, where Hermès pieces are concerned, the opposite is true. It’s in a seller’s interests to keep their bag in mint condition, so even though the prices are still high, you can rest assured that vintage Hermès styles will retain their value.
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