The Crown Index › Hermès Vault › Herbag Zip 31

HERMÈS · SINCE 2009

Hermès Herbag Zip 31

Grade D · 52/100

Other sizes: 39

Retail vs resale

Boutique retail (2026)$3,600
Resale today$2,800 – $3,800
Vs retail-8%
1-year trend-1%

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 canvas and leather bag with a removable inner pouch, so it can change looks. It descends from an older Hermès military-inspired design.

It is the most casual Hermès in the vault, lighter and easier to care for than all-leather bags.

Resale generally sits below retail because the canvas body and wide availability keep demand modest.

It is a great entry point if you want Hermès for everyday use rather than collecting.

Our verdict: An easy, casual Hermès. Buy pre-owned at the discount.

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.