Hermès Vault › All references › Halzan 31

Hermès · since 2014

Hermès Halzan 31

39SCORE / 100F
Grade F: the market has spokenToday's call · AVOID

Rank #83 of 91 in the Hermès Vault

Boutique (est.)$8,400
Resale today$3,000–4,900
Vs retail-53%
1-year+3%
Build yours in the Hermès VaulteBay listings ↗︎

Median sold price by quarter

Boutique $8,400 Q4 2023Q3 2026 $4,139

Each point is the median eBay sold price for one quarter, all conditions, counting quarters with 3 or more sales (26 sales over 3 years). Dashed line marks the boutique price.

Resale scorecard

Momentum28Price direction over the last 12 months and whether demand is accelerating or cooling.
Liquidity42How quickly it sells pre-owned and how close resellers' buy and sell prices are.
Scarcity46How hard it is to get new. Hermès offers its most wanted pieces only to established clients.
Value entry64Where today's resale price sits against its own history. Buying a dip scores high; buying a peak scores low.
Authenticity70How safe it is to buy pre-owned. The most wanted pieces are the most counterfeited.

Reality check: real sales

11 eBay sales in the last 12 months (26 in 3 years) · median $3,900 · middle half $2,999 to $4,900

SoldPriceListing
Oct 5, 2026$2,800View sale ↗︎
Aug 15, 2026$2,635View sale ↗︎
Aug 14, 2026$5,500View sale ↗︎
Jul 16, 2026$4,139eBay
Jun 10, 2026$3,900eBay
Jun 7, 2026$3,300eBay

Sold prices from eBay via Terapeak, all conditions, including worn and vintage pieces. The resale range is the middle half of these sales.

The story

A clean, structured shoulder bag with a single strap and an H-shaped clasp, designed as a practical everyday bag.

It is widely available in boutiques and rarely discussed by collectors.

Resale sits clearly below retail, especially in the larger size.

That makes a pre-owned Halzan one of the cheapest ways to carry a full-size Hermès.

Our verdict: Practical and understated. A weak investment; buy pre-owned.

If you like this one

Open the Halzan in the VaultBrowse all Hermès references

Buy only from authenticated resellers or with a professional authentication. The most wanted Hermès pieces are also the most counterfeited.

Quick answers

How much is a Hermès Halzan 31 worth?

Recorded eBay sales from the last 12 months put the typical Hermès Halzan 31 at $3,900, with the middle half selling between $3,000 and $4,900 (11 sales). Condition, leather, color and hardware move the price within that range.

Does the Hermès Halzan 31 sell above retail?

No. The typical sale of $3,900 is about 54% below the $8,400 retail price.

Is the Hermès Halzan 31 a good investment?

The Crown Index grades it F (39/100) from real resale data, and today's call is avoid. It has lost value; not one to buy as an investment. Past prices are not a forecast.