Hermès Vault › All references › In-the-Loop 23
Hermès · since 2021
Rank #74 of 91 in the Hermès Vault
Estimated resale for an example in excellent condition, in Togo leather with gold hardware. Dashed line marks the boutique price.
0 eBay sales in the last 12 months (3 in 3 years)
| Sold | Price | Listing |
|---|---|---|
| Aug 18, 2025 | $5,288 | eBay |
| Jun 13, 2025 | $5,500 | eBay |
| Jan 10, 2025 | $3,364 | eBay |
Sold prices from eBay via Terapeak, all conditions, including worn and vintage pieces. Too few sales to set the range, so the resale range is our estimate from dealer pricing.
A soft tote with a leather loop that passes through a Kelly-style clasp, combining casual canvas-tote ease with Hermès hardware.
It is sold freely and made in Clemence and Swift.
Resale sits below retail, so pre-owned is the value play.
The 18 is the size with recorded sales; the 23 rarely sells on eBay.
Our verdict: A casual Hermès to use. Buy pre-owned below retail.
Buy only from authenticated resellers or with a professional authentication. The most wanted Hermès pieces are also the most counterfeited.
The Crown Index grades it D- (48/100) from real resale data, and today's call is use, not invest. Weak resale; buy it to use, not to make money. Past prices are not a forecast.