Hermès Vault › All references › Kelly Dépêches 25
Hermès · since 2003
Rank #80 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.
4 eBay sales in the last 12 months · median $7,000 · middle half $6,500 to $7,800
| Sold | Price | Listing |
|---|---|---|
| Jul 20, 2026 | $7,000 | Buy It Now |
| Feb 16, 2026 | $7,800 | Buy It Now |
| Jan 26, 2026 | $5,700 | Buy It Now |
| Jan 3, 2026 | $6,500 | Buy It Now |
Sold prices from eBay via Terapeak, all conditions, including worn and vintage pieces. The resale range is centered on their median. Few sales, so treat it as a rough guide.
A flat document pouch with the Kelly turnlock, sized for a tablet or papers rather than everyday carry.
It borrows the Kelly name and hardware but none of the Kelly's allocation scarcity, since it is a work accessory.
Pre-owned prices on eBay sit well under its $11,100 boutique price.
It is a beautiful object, but resale treats it as a large leather pouch, not as a Kelly.
Our verdict: Kelly hardware without Kelly resale. Expect to lose about a third.
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 F (44/100) 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.