Hermès
Kelly 28 — Etoupe
28 · Epsom Leather · Gold hardware
Estimated resale value today
Up $8,377 (73%) vs. original retail of $11,400
24H
▲ 0.1%
1W
▼ 1.3%
1M
▼ 1.3%
1Y
—
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 Kelly 28
Named after Grace Kelly, who was famously photographed using one to shield her pregnancy from paparazzi, the Kelly predates the Birkin and shares its scarcity dynamics — allocated through Hermès boutiques rather than sold on open demand.
What affects this bag's resale value
- Leather type (Epsom, Togo, exotic skins) is the primary price driver
- Sellier (structured, rigid) vs. Retourne (softer, unstructured) construction affects both usability and resale demand
- Hardware and color rarity, same dynamics as the Birkin
Other Kelly 28 variants
Frequently asked questions
- Does the Kelly bag hold its value as well as the Birkin?
- Generally yes — both benefit from Hermès's retail scarcity model, though the Birkin tends to have slightly higher resale demand and liquidity in most markets.
Hermès (est. 1837) — Deliberately limits production and retail access to its Birkin and Kelly lines, creating sustained waitlists that routinely push resale prices above original retail — a dynamic almost no other luxury brand replicates.
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.