The Crown Index › Hermès Vault › Picotin Lock 26
HERMÈS · SINCE 2000
Grade D · 57/100
| Boutique retail (2026) | $4,900 |
|---|---|
| Resale today | $3,500 – $4,700 |
| Vs retail | -16% |
| 1-year trend | -2% |
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.
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 holds above retail, especially in popular neutral and green shades.
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.
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.