The Crown Index › Hermès Vault › Halzan 31

HERMÈS · SINCE 2014

Hermès Halzan 31

Grade F · 39/100

Other sizes: Mini

Retail vs resale

Boutique retail (2026)$8,400
Resale today$4,300 – $5,900
Vs retail-39%
1-year trend-4%

Estimates for Togo leather with gold hardware in excellent condition. Other leathers, hardware and colors move the price; see the full guide in the interactive vault.

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.

Where to buy one

eBay listings ↗Open in the Hermès Vault

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