Hermès Picotin Lock
- Boutique price
- €9,650
- Preloved, excellent26 listings
- €11,430
- True cost per year16 listings, 90 days
- -€879.76
Based on historical asking prices. Not financial advice. Methodology
New
Boutique price, source: example.com, as of 1 Jan 2025
Hermès sells this bag new only in its own boutiques. To buy one now, see the preloved listings below.
Prices incl. VAT, shipping may apply.
Preloved
AdWe may earn a commission. It does not change your price or the order of offers.
26 listings ship to your country, from €6,150. Cheapest per condition:
| Condition | From | Listings | View offer |
|---|---|---|---|
| New with tagsVestiaire Collective | €13,350 | 6 listings | AdView offer |
| ExcellentVestiaire Collective | €11,430 | 10 listings | AdView offer |
| Very goodVestiaire Collective | €10,010 | 2 listings | AdView offer |
| GoodVestiaire Collective | €9,640 | 3 listings | AdView offer |
| FairVestiaire Collective | €6,150 | 5 listings | AdView offer |
Asking prices as listed by the platform, shipping may apply.
True cost
True cost over 3 years
- Boutique price
- €9,650
- Expected resale
- −€12,289
- True cost
- -€2,639
- Per year
- -€879.76
- Retention
- 142%
- Sample
- 16 listings
- Data window
- last 90 days, EU
Expected resale = retail reference x retention x 0.9 (excellent condition), converted to your currency.
Based on historical asking prices. Not financial advice.
Cost per wear
312 wears
- Boutique price
- €9,650
- Per wear, plain
- €30.93
- True cost
- -€2,639
- Per wear, true
- -€8.46
On today's asking prices this bag lists for more preloved than it costs new, so the true cost is below zero. An asking price is not a sale.
True cost is the price minus what one in excellent condition is listed for today. We do not age that figure, so it flatters very long ownership.
Based on historical asking prices. Not financial advice.
Price history
Price across Europe
Inside the eurozone prices are usually close. EU residents do not get a VAT refund when buying in another EU country.
| Country | Local price | EUR |
|---|---|---|
| SwitzerlandBoutique price | CHF 8,080 | €8,762 |
| Germanyyour country, Boutique price | €9,650 | €9,650 |
| AustriaBoutique price | €9,730 | €9,730 |
| FranceBoutique price | €9,730 | €9,730 |
| SpainBoutique price | €9,810 | €9,810 |
| NetherlandsBoutique price | €9,810 | €9,810 |
Show all 10 countries
| Country | Local price | EUR |
|---|---|---|
| CzechiaBoutique price | CZK 238,800 | €9,813 |
| ItalyBoutique price | €9,890 | €9,890 |
| PolandBoutique price | PLN 43,830 | €9,975 |
| SwedenBoutique price | SEK 111,500 | €10,137 |
Best new or boutique price per country, converted to EUR at ECB reference rates.
Price hikes
| Date | Before | After | Change |
|---|---|---|---|
| 01/01/2025 | €9,180 | €9,650 | +5.1% |
| 01/01/2022 | €8,750 | €9,180 | +4.9% |
| 01/01/2021 | €8,350 | €8,750 | +4.8% |
Other countries (27)
| Date | Before | After | Change |
|---|---|---|---|
| 01/01/2025AT | €9,250 | €9,730 | +5.2% |
| 01/01/2025CH | CHF 7,690 | CHF 8,080 | +5.1% |
| 01/01/2025CZ | CZK 227,100 | CZK 238,800 | +5.2% |
| 01/01/2025ES | €9,330 | €9,810 | +5.1% |
| 01/01/2025FR | €9,250 | €9,730 | +5.2% |
| 01/01/2025IT | €9,410 | €9,890 | +5.1% |
| 01/01/2025NL | €9,330 | €9,810 | +5.1% |
| 01/01/2025PL | PLN 41,680 | PLN 43,830 | +5.2% |
| 01/01/2025SE | SEK 106,000 | SEK 111,500 | +5.2% |
| 01/01/2022AT | €8,820 | €9,250 | +4.9% |
| 01/01/2022CH | CHF 7,330 | CHF 7,690 | +4.9% |
| 01/01/2022CZ | CZK 216,500 | CZK 227,100 | +4.9% |
| 01/01/2022ES | €8,890 | €9,330 | +5.0% |
| 01/01/2022FR | €8,820 | €9,250 | +4.9% |
| 01/01/2022IT | €8,970 | €9,410 | +4.9% |
| 01/01/2022NL | €8,890 | €9,330 | +5.0% |
| 01/01/2022PL | PLN 39,730 | PLN 41,680 | +4.9% |
| 01/01/2022SE | SEK 101,100 | SEK 106,000 | +4.8% |
| 01/01/2021AT | €8,420 | €8,820 | +4.8% |
| 01/01/2021CH | CHF 7,000 | CHF 7,330 | +4.7% |
| 01/01/2021CZ | CZK 206,700 | CZK 216,500 | +4.7% |
| 01/01/2021ES | €8,490 | €8,890 | +4.7% |
| 01/01/2021FR | €8,420 | €8,820 | +4.8% |
| 01/01/2021IT | €8,560 | €8,970 | +4.8% |
| 01/01/2021NL | €8,490 | €8,890 | +4.7% |
| 01/01/2021PL | PLN 37,930 | PLN 39,730 | +4.8% |
| 01/01/2021SE | SEK 96,500 | SEK 101,100 | +4.8% |
About this bag
An open bucket bag with two handles, the Picotin Lock closes loosely with a padlock, which gives the model its name. It is one of the more casual Hermès designs, made in numbered sizes and in many leathers and colours. Hermès sells it in its boutiques, and at times it also appears on hermes.com, depending on the market and the stock. The New section shows the boutique price we have recorded, with its source and date; there is no retailer link, because Hermès does not sell through third-party shops. Preloved prices are shaped by size, leather, colour, how well the soft body has kept its shape, wear on the handles and the base, and whether padlock, keys, box and dust bag are included.
Questions
Where can I buy a Picotin Lock new?
In Hermès boutiques, and at times on hermes.com, depending on your market and current stock. It is not sold by other retailers. The New section shows the boutique price we have recorded for your market, with its source and date.
What should I check on a preloved Picotin Lock?
Listings here are graded New with tags, Excellent, Very good, Good or Fair. Because the bag is open at the top, look inside for marks and stains, then check the base corners, the handles and whether the body has slumped. Padlock, keys, dust bag and box complete the set. The Preloved section lists the cheapest offer per grade.
What drives the resale value of a Picotin Lock?
Size and leather lead, followed by colour and hardware finish. As a soft bag, its shape and the state of the handles matter to buyers, and a missing padlock or keys lowers interest. When it appears online at Hermès, availability changes too. The retention score on this page reflects current EU listings.
How is the true cost of a Picotin Lock calculated?
Best new price in your market minus the expected resale value of an Excellent-condition example. That value is taken from the median asking price of Excellent-or-better listings across the EU in the last 90 days, relative to the German boutique price. You get a three-year total and a per-year figure, or none if fewer than 10 listings qualify.
Prices as of 30 Oct 2026, 07:48 UTC, may have changed. How we calculate this