Hermès Vault › All references › Rodeo So Black PM

Hermès · since 2018 · Charm

Hermès Rodeo So Black PM

83SCORE / 100A-
Grade A-: strong buy-and-holdToday's call · WAIT FOR A DIP

Rank #15 of 91 in the Hermès Vault

Boutique (est.)$690
Resale today$430–520
Vs retail-31%
1-year-20%
Build yours in the Hermès VaulteBay listings ↗︎

Median sold price by quarter

Boutique $690 Q4 2024Q1 2025 $630

Each point is the median eBay sold price for one quarter, all conditions, counting quarters with 3 or more sales (17 sales over 3 years). Dashed line marks the boutique price.

Resale scorecard

Momentum62Price direction over the last 12 months and whether demand is accelerating or cooling.
Liquidity84How quickly it sells pre-owned and how close resellers' buy and sell prices are.
Scarcity90How hard it is to get new. Hermès offers its most wanted pieces only to established clients.
Value entry50Where today's resale price sits against its own history. Buying a dip scores high; buying a peak scores low.
Authenticity52How safe it is to buy pre-owned. The most wanted pieces are the most counterfeited.

Reality check: real sales

4 eBay sales in the last 12 months (17 in 3 years) · median $475 · middle half $475 to $1,059

SoldPriceListing
Aug 1, 2026$475View sale ↗︎
Jul 9, 2026$450eBay
Jun 10, 2026$1,059eBay
Jun 9, 2026$740eBay
Sep 1, 2025$899eBay
Jun 27, 2025$595eBay

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

An all-black Rodeo, a nod to Hermès's So Black bags, where even the hardware is black.

It is released only occasionally.

Recorded sales sit close to its boutique price, a little below on recent sales.

It pairs with almost any bag, which keeps demand broad.

Our verdict: The collector's Rodeo. Trades close to retail, a little below on recent sales.

If you like this one

Open the Rodeo So Black in the VaultBrowse all Hermès references

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 Rodeo So Black PM worth?

Recorded eBay sales from the last 12 months put the typical Hermès Rodeo So Black PM at $475, with the middle half selling between $430 and $520 (4 sales). Condition, leather, color and hardware move the price within that range.

Does the Hermès Rodeo So Black PM sell above retail?

No. The typical sale of $475 is about 31% below the $690 retail price.

Is the Hermès Rodeo So Black PM a good investment?

The Crown Index grades it A- (83/100) from real resale data, and today's call is wait for a dip. It holds its value well, but the market price is steep right now. Past prices are not a forecast.