Hermès Vault › All references › Picotin Lock 22

Hermès · since 2000

Hermès Picotin Lock 22

68SCORE / 100C+
Grade C+: wear it, don't flip itToday's call · WATCH

Rank #42 of 91 in the Hermès Vault

Boutique (2026)$4,275
Resale today$2,600–4,100
Vs retail-22%
1-year-16%
Build yours in the Hermès VaulteBay listings ↗︎

Median sold price by quarter

Boutique $4,275 Q2 2024Q3 2026 $2,600

Each point is the median eBay sold price for one quarter, all conditions, counting quarters with 3 or more sales (74 sales over 3 years). Dashed line marks the boutique price.

Resale scorecard

Momentum48Price direction over the last 12 months and whether demand is accelerating or cooling.
Liquidity76How quickly it sells pre-owned and how close resellers' buy and sell prices are.
Scarcity58How hard it is to get new. Hermès offers its most wanted pieces only to established clients.
Value entry58Where today's resale price sits against its own history. Buying a dip scores high; buying a peak scores low.
Authenticity62How safe it is to buy pre-owned. The most wanted pieces are the most counterfeited.

Reality check: real sales

36 eBay sales in the last 12 months (74 in 3 years) · median $2,950 · middle half $2,550 to $4,114

SoldPriceListing
Oct 14, 2026$4,750View sale ↗︎
Oct 4, 2026$2,950View sale ↗︎
Sep 22, 2026$2,567View sale ↗︎
Sep 20, 2026$2,150View sale ↗︎
Sep 18, 2026$3,600View sale ↗︎
Sep 17, 2026$3,000View sale ↗︎

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 simple bucket bag inspired by the feed bags used for horses, with a small padlock strap across the top.

It is one of the most attainable Hermès leather bags and often a client's first step toward a Birkin or Kelly offer.

Resale sits a little below retail in the 18 and 22 and further below in the 26, with popular neutral and green shades doing best.

Light and easy to use, it is a practical everyday Hermès.

Our verdict: A realistic first Hermès that keeps its value. Easy to buy, easy to resell.

If you like this one

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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 Picotin Lock 22 worth?

Recorded eBay sales from the last 12 months put the typical Hermès Picotin Lock 22 at $2,950, with the middle half selling between $2,600 and $4,100 (36 sales). Condition, leather, color and hardware move the price within that range.

Does the Hermès Picotin Lock 22 sell above retail?

No. The typical sale of $2,950 is about 31% below the $4,275 retail price.

Is the Hermès Picotin Lock 22 a good investment?

The Crown Index grades it C+ (68/100) from real resale data, and today's call is watch. Middle-of-the-pack resale; fine to own, not one to buy expecting it to rise. Past prices are not a forecast.

Head to head

Hermès Picotin Lock 18 vs Hermès Picotin Lock 22 →