1. Hermes Bag Price 2024 Reference Guide

Hermes is expensive, but it’s going to be more expensive after 2024. The costs for making a Hermes Bag is going up, the Hermes Kelly 28 Bag is priced at $12,500 USD. The Constance Bag costs over $10,000 USD. There was 1 price increase this year, the Hermes bag rose by approximately 8%. We updated the Hermes Bag Price 2024 list below.

Hermes Birkin Bag

Hermes Kelly Bag

Hermes Constance Bag

Hermes Picotin Lock Bag

Hermes Evelyne Bag

Hermes Garden Party Bag

Hermes Lindy Bag

Hermes Jypsiere Bag

Hermes Herbag Zip Bag

Key points:

• The Birkin and Kelly Bags are the most wanted Hermes bags
• The Constance and Evelyne Bags are some of the most popular Hermes bags
• The Herbag Zip Bag is known as the casual version of the Kelly Bag
• The Garden Party and Lindy Bags are very practical for use as an everyday bag

2. Hermes Bag Prices Over The Years

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Hermes prices do not go up every year. The prices were the same from 2015 to 2020. After that, they only increased gradually by 4.4% on average annually. I think Hermes Bags have reached a point where they start pricing out most people, so they started increasing prices slowly. It paints a different picture if we compare the price increases between 2008 and 2015.

The Hermes Birkin bag was retailing for $7,700 USD in 2008. By the end of 2015, the same bag cost $10,900 USD. The price difference is $3,200 USD in 7 years. On average, the price went up 5.1% yearly. I think the Birkin Bag was already expensive in 2008. It didn’t make sense to double it within a few years. It’s better for the price to steadily go up, so people get a sense of urgency – that if they don’t buy it today, next year will be more expensive. When the Birkin 30 Bag reached $10,900 USD in 2015, Hermes calmed down the prices for 5 years.

In 2020, Hermes restarted the price increase. This trend will likely continue for a few more years. We might see the Birkin Bag retailing for $15,000 USD or more in 2030. But how much will this bag go up in price in the secondary market – the pre-owned and reseller market? By that time, the Birkin Bag might cost $40,000 USD or more.

Key points:

• The Hermes Birkin 30 Bag went from $7,700 USD to $11,600 USD between 2008 and 2024
• Hermes paused price increases between 2016 and 2019
• The price increase has started again since 2020 and the trend will continue for a few years
• Hermes increases prices on average 4 – 5% a year
• The Birkin 30 Bag might hit $15,000 USD in 2030 and the secondary market could go up in price even more

3. Where is Hermes Cheaper in Europe?

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In Europe, Hermes is the cheapest in Greece because of the lower prices and high tax refund that you can claim. However, the chances of getting the iconic Hermès bags are slim. Paris has the most boutiques,and Italy is also well stocked. If you’re traveling around Europe, the moment you find your favorite Hermes classic bag, you should purchase it immediately. This will avoid disappointment as the bag might not be available in another country.

The prices of Hermes products are the same in every country that uses the “euro” currency. The cost of your Hermes bag can be greatly reduced by claiming a tax refund. The more expensive your bag, the higher the tax refund you can get. Every European country regulates its own VAT rate – VAT is value-added tax, which is essentially a sales tax on products. So, in which country can you claim the highest tax refund?

You can get a VAT refund of 25% in Greece. Italy has the second-highest VAT rate of 22%. Spain, the Netherlands, and Belgium have a VAT rate of 21%, while France and Austria have a 20% VAT. We can disregard the UK, as it’s no longer part of the European Union and eliminated tax refunds for travelers in 2021.

Key points:

• You can claim the highest tax refund in Greece
• Hermes is also cheaper in Italy, where you can claim 22% VAT back
• The VAT rate ranges between 20 – 21% in Spain, the Netherlands, Belgium, Italy and France
• It’s recommended to buy a hard-to-get Hermes bag as soon as you find it, even if the tax refund is lower

4. Where is Hermes cheapest in Asia?

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In Asia, I advise you to buy Hermes in Japan because the prices are the lowest. This is due to the favorable currency exchange and the high tax refund. In 2nd place comes Australia and in 3rd place is Korea. I think you’re good to go with any of these three countries. You can also claim back the 10% sales tax.

Hong Kong is actually the most expensive place to buy Hermes, because the city is basically tax-free, but the price is still very high. The stock is also low, I went there several times and I couldn’t find the bag I wanted. The other expensive countries to buy Hermès are Malaysia, Singapore and China.

In order to make this price comparison, we needed to get the latest prices of the different products from 8 Asia countries. Then we compared them one by one to investigate which country has the lowest Hermes prices in 2024. The product Hermes Ulysse PM Notebook Cover is used to create the chart, but the principles are the same. Japan is the cheapest place to buy any Hermes products, whether it’s the bags, small leather goods or other accessories.

Key points:

• Japan is the cheapest place to buy Hermes in Asia
• The 2nd place is Australia and Korea; in both countries, you can claim 10% sales tax back
• It’s not recommended to buy Hermes in Hong Kong
• Malaysia, Singapore, and China are also quite expensive to shop Hermes

5. Which Hermes Bag Is Classic?

Hermes blesses us with many classic bags, but there is definitely a ranking. Some bags are more limited and harder to find, while others are easier. Which handbag is the most classic? It starts with the Hermes Birkin and Kelly Bag. These 2 bags are at the top of the list. Then it follows with the Constance, Lindy, Jypsiere, and Herbag Zip Bag. Because these bags are in the permanent collection, they maintain value and go up in price over time.

If you’re a die-hard fashionista or even follow the fashion world remotely, you’ll surely recognize this brand name. The French manufacturer has been around since 1837 and started making harnesses and bridles for the carriage. Nowadays the company is noted for their glamorous bags, being the icon of high-style, wealth, and success. About the purchase restriction: Buyer restriction by Hermes in Paris is not new; one person can only buy two bags a year. You can have one Birkin or Kelly and the second bag is a free choice.

#1: Hermes Birkin Bag

In 1984 the Hermes Birkin Bag was born. Beginning as a supple leather bag for actress and singer Jane Birkin, the bag quickly rose in popularity and is now the symbol of wealth, class, and fashion. It’s highly recognizable design makes it a staple of the fashion industry and it’s gorgeous craftsmanship gives it the appeal every fashionista dreams about. Every inch of the Hermes Birkin Bag is handcrafted in France, from the gorgeous exterior available in a variety of authentic skins and colors to the roomy, matching interior. The bag boasts saddle stitching which embraces its roots from the beginning of Hermes, back in the 19th century. Finished with a stunning gold (or palladium) plated lock and key, the Hermes Birkin Bag is undoubtedly the staple of success and trend. The Hermes Birkin sizes are numbered in 25, 30, 35 and 40. These are centimeters, so 25 means 25 centimeter. Birkin 50 and 55 are exceptional; they are much larger and best used for travelling instead of shopping or as an everyday bag. Birkin uses calf, crocodile, ostrich and lizard leathers, colors available are white, black, gold, orange, navy blue, olive green, pink, red, brown and baby blue.

In 1984 the Hermes Birkin Bag was born. Beginning as a supple leather bag for actress and singer Jane Birkin, the bag quickly rose in popularity and is now the symbol of wealth, class, and fashion. It’s highly recognizable design makes it a staple of the fashion industry and it’s gorgeous craftsmanship gives it the appeal every fashionista dreams about. Every inch of the Hermes Birkin Bag is handcrafted in France, from the gorgeous exterior available in a variety of authentic skins and colors to the roomy, matching interior. The bag boasts saddle stitching which embraces its roots from the beginning of Hermes, back in the 19th century. Finished with a stunning gold (or palladium) plated lock and key, the Hermes Birkin Bag is undoubtedly the staple of success and trend. The Hermes Birkin sizes are numbered in 25, 30, 35 and 40. These are centimeters, so 25 means 25 centimeter. Birkin 50 and 55 are exceptional; they are much larger and best used for travelling instead of shopping or as an everyday bag. Birkin uses calf, crocodile, ostrich and lizard leathers, colors available are white, black, gold, orange, navy blue, olive green, pink, red, brown and baby blue. There is more demand for Hermes Birkin bag than supply, that’s why they are so-hard to find. Each Birkin is hand-made with impeccable craftsmanship and precision. Hermes personally offers a special treatment for used Birkin bags. They call it the ‘spa treatment’. It is actually a reconditioning service they provide.

#2: Hermes Kelly Bag

The Hermes Kelly Bag is a recognizable elegant bag that is iconic to the Hermes industry. Although created in 1936, the bag didn’t truly become popular until 1956 when Grace Kelly showcased her alluring bag. It was at that moment the Hermes Kelly Bag would rise to its popularity and become the fashion must-have it is today. The bag showcases a sense of undeniable style, yet is notably one of the finer and more sophisticated bags on the market, a bag you carry on your arm to fancy events rather than toying around downtown with your friends. And while the bag is remarkably similar to the Hermes Birkin Bag, the Kelly has its own sense of style with a firmer rectangular shape free of slouching. The Kelly is also handcrafted with a single handle rather than two.

#3: Hermes Constance Bag

The Hermes Constance Bag can easily be noted as one of the most versatile and classical bags by Hermes. It’s gorgeous, unique style can easily be matched with any outfit and can go from an elegant day bag for the office to a whimsical night bag thrown over the shoulder as you trollop through town. Although originally released in 1959, the bag was revamped in 2010 with a longer shape that ladies loved. Both bags continue to hit top of the charts with fashionistas across the world, including top celebrities like Mary Kate Olson, Rachel McAdams, and Nicki Minaj.

#4: Hermes Lindy Bag

First seen in the year 2007, the Hermes Lindy Bag took the fashion world by storm- breaking free from the typical Hermes style and showcasing a more relaxed and whimsical design (while still holding true to the elegance staple of Hermes products). It’s the go-to for ladies who want a fun bag thrown over their shoulder while still maintaining a look of absolute high-style. The bag can also be worn as a tote, making it a versatile and nifty item that should be welcome in any girl’s closet. The modernized style makes it easy to accompany on city streets and the array of color variations makes finding the perfect bag a synch.

#5: Hermes Herbag Zip Bag

Released in 2009, the Hermes Herbag Zip quickly became an ‘IT’ item in the fashion world thanks to its Kelly Bag appearance, yet its remarkably low price. Made of leather and canvas, the Herbag Zip comes complete with a Kelly design with added staple lock closure, yet also comes with a removable zipped pouch and an exterior pocket.

#6: Hermes Jypsiere Bag

Bringing you the gorgeous design of a Hermes bag in a relaxed, comfortable design is none other than the Hermes Jypsiere Bag. The dapper bag comes with all of your favorite Hermes features including stunning hardware and gorgeous bull calfskin, while the casual straps make it the perfect bag for daily affairs. Enjoy a wide interior suitable for all your essentials and take advantage of the handy cellphone pocket.

6. List Of Popular Hermes Bags 2024

There are a lot of Hermes bags that are popular right now. When a bag gets popular, it usually stays in the permanent collection for a long time. Here’s a list to consider, I will include the average Hermes Bag Prices in 2024:

If you have any questions or want to help us with adding new information about Hermes bag prices, sent us a comment below.