The Crown Index › Hermès Vault › Rodeo Pegase MM

HERMÈS · SINCE 2020

Hermès Rodeo Pegase MM

Grade B · 76/100

Other sizes: PM

Retail vs resale

Boutique retail (2026)$940
Resale today$1,040 – $1,430
Vs retail+31%
1-year trend+3%

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.

The story

The winged version of the Rodeo, Pegasus, with leather wings added to the horse.

It arrived in 2020 and is made in smaller numbers than the standard Rodeo.

Resale sits consistently above retail, with the PM most in demand.

Metallic and two-tone wing combinations draw the strongest prices.

Our verdict: A step up from the classic Rodeo, consistently trading above retail.

Where to buy one

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.