Does the Cage Bag hold its value?

It's still building resale history since its 2022 launch, but its distinctive woven design and heritage story give it more collector interest than Ferragamo's plainer contemporary bags, generally landing around 40-50% of retail for well-preserved pieces.

Is the Cage Bag a good investment?

It's a design-driven purchase best suited to buyers who value its architectural, archive-referencing construction; because the woven shell is delicate, careful storage and use matter more to preserving resale value than with Ferragamo's smooth-leather bags.

Ferragamo

Cage Bag — Black

Woven Leather · Gold hardware

Estimated resale value today

$1,085▼ $8 (0.7%) / 1M

Down $1,565 (-59%) vs. original retail of $2,650

24H

▼ 0.1%

▼ 0.7%

—

Estimated from a researched valuation model for this style, blended with live eBay listing data — the more comps we have, the more they influence the number.

About the Cage Bag

Introduced in 2022, the Cage bag translates the woven-leather "cage" construction of Salvatore Ferragamo's 1951 Kimo sandal into a rounded bucket-shaped handbag with a lightweight, architectural lattice exterior over a leather or silk-covered inner pouch. It was framed by the brand as a direct heritage revival, tying archival shoe design to a new handbag silhouette, and it stood out in Ferragamo's 2020s collections for its distinctive woven structure rather than a hardware-driven design. It trades on the resale market as a design-forward, conversation-piece Ferragamo bag rather than a everyday staple.

What affects this bag's resale value

The woven cage construction is delicate and prone to visible snags or broken strands, which significantly affects resale grading
Because the design is distinctive and limited in how it's been produced, well-kept examples can command stronger relative resale interest among collectors than more generic Ferragamo totes
The condition of the inner leather or silk sock/pouch matters as much as the outer cage shell
Neutral tones (tan, black, natural) are more broadly wearable and resell faster than bold seasonal colors
Lower overall production volume and newer release date mean resale comps remain thinner than for long-running Ferragamo styles

Other Cage Bag variants

Woven Leather · Natural · Gold hardware$1,148

Frequently asked questions

Does the Cage Bag hold its value?: It's still building resale history since its 2022 launch, but its distinctive woven design and heritage story give it more collector interest than Ferragamo's plainer contemporary bags, generally landing around 40-50% of retail for well-preserved pieces.
Is the Cage Bag a good investment?: It's a design-driven purchase best suited to buyers who value its architectural, archive-referencing construction; because the woven shell is delicate, careful storage and use matter more to preserving resale value than with Ferragamo's smooth-leather bags.

Ferragamo (est. 1927) — A storied Florentine house whose modern Hug bag is still building resale history, with growing but not yet fully established demand.

This is an estimated market value, not a formal appraisal. The actual value of any individual bag depends on its condition, provenance, and what a specific buyer is willing to pay. Values shown are modeled from aggregated resale market data and update periodically.

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Condition

Light signs of use, no major flaws

Your bag's estimated value

$977

Typical value for this bag: $1,085

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This is an estimated adjustment, not a guaranteed listing or appraisal price. Actual resale value depends on the buyer, the marketplace, and a closer look at your bag's true condition.