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Hermès · since 2000

Hermès Picotin Lock 26

57SCORE / 100D+
Grade D+: buy it to useToday's call · USE, NOT INVEST

Rank #56 of 91 in the Hermès Vault

Boutique (2026)$4,875
Resale today$2,600–3,200
Vs retail-41%
1-year-3%
Build yours in the Hermès VaulteBay listings ↗︎

Resale price history

Boutique $4,875 201620182020202220242026 $2,900

Estimated resale for an example in excellent condition, in Togo leather with gold hardware. Dashed line marks the boutique price.

Resale scorecard

Momentum40Price direction over the last 12 months and whether demand is accelerating or cooling.
Liquidity58How quickly it sells pre-owned and how close resellers' buy and sell prices are.
Scarcity56How hard it is to get new. Hermès offers its most wanted pieces only to established clients.
Value entry64Where today's resale price sits against its own history. Buying a dip scores high; buying a peak scores low.
Authenticity66How safe it is to buy pre-owned. The most wanted pieces are the most counterfeited.

Reality check: real sales

5 eBay sales in the last 12 months (14 in 3 years) · median $2,900 · middle half $2,549 to $3,148

SoldPriceListing
Aug 29, 2026$2,549View sale ↗︎
Aug 13, 2026$3,148View sale ↗︎
Jun 20, 2026$2,061eBay
Jun 18, 2026$2,900eBay
Apr 21, 2026$7,500eBay
Sep 2, 2025$3,680eBay

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.

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 26 worth?

Recorded eBay sales from the last 12 months put the typical Hermès Picotin Lock 26 at $2,900, with the middle half selling between $2,600 and $3,200 (5 sales). Condition, leather, color and hardware move the price within that range.

Does the Hermès Picotin Lock 26 sell above retail?

No. The typical sale of $2,900 is about 41% below the $4,875 retail price.

Is the Hermès Picotin Lock 26 a good investment?

The Crown Index grades it D+ (57/100) 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.