Hermès
Picotin Lock 18 — Gold
18 · Clemence Leather · Palladium hardware
Estimated resale value today
Up $108 (2%) vs. original retail of $4,750
24H
▲ 0.1%
1W
▲ 0.1%
1M
▲ 0.1%
1Y
—
Estimated from a researched valuation model for this style; not enough matching eBay listings yet to blend in real comps.
About the Picotin Lock 18
Introduced in 2002 and designed by Christiane de Nicolay-Mazery, the Picotin Lock takes its name and bucket shape from the leather feed pails used for horses at Hermès' equestrian roots, becoming one of the brand's most approachable entry points.
What affects this bag's resale value
- Smaller sizes (Picotin 18) are in very high demand relative to allocation, often reselling at or above retail
- Simple, minimal-hardware design ages well and resists going out of style
- Considered a relatively attainable entry Hermès bag, keeping broad buyer demand strong
Other Picotin Lock 18 variants
Frequently asked questions
- Does the Picotin really resell above retail?
- Yes, for popular sizes and colors it frequently does, largely due to Hermès' controlled allocation system limiting supply relative to demand.
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.