Wondering how to appraise the value of a Picotin Hermès bag? What is its current market value and price? Discover the criteria that influence its price and how to accurately appraise your bag. Read on to find out how to maximize the value of your Picotin Hermès bag.
Picotin Hermes bag Appraisal and price ?
– Initial release date: 2002
– Initial price: Approx. €1,500
– Price in 2024: Between €2,000 and €3,500, depending on size
– 10-year trend: The Picotin has appreciated slightly, remaining affordable among Hermès bags.
Appraisal of the Hermes Picotin Bag: What are the different possible appraisals?
Hermes Picotin Bag Appraisal: What are the record auction prices?
Picotin Hermès bags are increasingly sought-after at auction, with record prices reaching impressive sums. Here are the Picotin models that broke auction records, along with their details.
1. Lock 18 leather pick Barenia
The Lock 18 Picotin in Barenia leather achieved a record auction price. This rare model sold for €12,000. Barenia leather is particularly appreciated for its unique texture and patina. Its natural color and durability explain its popularity with collectors.
2. Lock 22 crocodile pin
The Lock 22 Picotin in crocodile leather also achieved record prices. A model of this type sold for €15,000. Crocodile leather is one of the most exclusive. It attracts collectors thanks to its luxurious appearance and rarity. This model is sought after for its exotic leather.
3. Lock 26 picotin in Epsom leather, limited edition
A limited edition of the Lock 26 Picotin in Epsom leather has broken an auction record. It sold for €10,500. This larger, more structured model is highly appreciated for its capacity and sleek aesthetics. Limited editions considerably increase its value on the resale market.
4. Lock 18 pin in Swift leather, rare edition color
A limited edition Lock 18 Picotin in Swift leather, in a rare color, fetched €9,000 at auction. Swift leather is smooth, soft and highly sought-after for its finesse. Bags in rare colors, such as tomato red or sapphire blue, always increase in value.
5. Canvas and leather picotin, vintage model
A vintage Picotin model in canvas and leather also broke records, selling for €7,500. This older model, with its sleek design and sturdy canvas, has become a prized collector’s item. Vintage Hermès bags, especially those in the Picotin range, are in high demand.
Factors influencing record odds and prices
Record prices for Picotin bags are often linked to several factors:
- Exotic leather (crocodile, python, ostrich) always adds value.
- Limited editions or rare colors create a craze among collectors.
- The condition of the bag plays a key role in setting the price.
- Rarity and high demand at auction.
Record prices for Picotin bags at auction vary according to leather, rarity and limited edition. The Picotin Lock 18 in Barenia leather, or the crocodile model, achieved impressive prices. The appeal of Hermès bags remains high, which explains their strong valuation on the secondary market.
Hermes Picotin Bag Appraisal : How to recognize a real Picotin Bag ?
Appraisal of a genuine Picotin Hermès bag is based on several distinctive elements.
Here are the main criteria for verifying authenticity.
1. Seams
The seams on the Picotin Hermès bag are of impeccable quality. They must be regular and fine. The thread used generally matches the color of the leather. No thread should stick out. Stitching is done by hand by skilled craftsmen. Check that stitches are perfectly aligned.
2. Leather
Hermès uses high-quality leathers. Togo, Clemence, Epsom or Barenia are the most common leathers used for Picotin bags. The leather must be supple and resistant. It should be free from blemishes or superficial marks. The smell of the leather is also a good indicator: it should be natural and pleasant.
3. The label
The label inside the bag is another key point. It is usually located inside the bag, on a discreet side. The Hermès label is often engraved on a small leather or metal tag. Check that the label is clean, neat and securely attached. Authentic bags don’t have cheaply printed or blurred labels.
4. The logo
The Hermès logo is another distinctive feature. The H must be clean, symmetrical and perfectly centered. It is engraved or embossed, depending on the model. The alignment of the logo must be perfect. Fake bags may have a poorly centered, blurred or badly engraved logo.
5. The padlock
The padlock and bell on the Picotin bag are distinctive. The padlock must be heavy and engraved with the Hermès logo. It must open and close easily, without resistance. The finish should be impeccable, with no visible imperfections. Check the engraving detail on the padlock and bell.
6. Accessories and finishes
Authentic Picotin bags feature high-quality metal accessories. Buckles, padlocks and other metal elements are always solid and well finished. There are no scratches or blemishes. Metal is often silver or gold, depending on the model. Finishes should be clean and neat.
7. Weight
An authentic Picotin bag has a substantial weight, especially in leather. Bags made of exotic or thick leather will be heavier. If the bag seems light or too soft, it could be an imitation.
8. Serial number
All genuine Hermès bags come with a serial number. This number is usually printed on the inside of the bag, under the label or in the lining. It must be legible and precise. This number corresponds to the year and place of production of the bag.
To recognize a genuine Picotin Hermès, check the stitching, leather, label, logo, padlock, finishes and serial number. Every detail of the Picotin bag must be perfect and meticulous. A fake bag will always have visible defects or inferior materials.
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Hermes Picotin Bag Appraisal : Why entrust the Appraisal of your Hermes PICOTIN Bag to Penelope's?
Appraising your Hermès bag at Penelope’s is simple, professional and perfectly suited to your needs.
You benefit from personalized support and recognized expertise. Here’s how.
1. Online Appraisal
Penelope’s offers you the opportunity to get a quick Appraisal online. Send us a photograph of your bag, and our experts, accustomed to appraising luxury bags, will take care of estimating its value.
– Why it’s convenient: This option is quick and easy. You receive an Appraisal without having to go anywhere.
– How it works: Once the photo has been sent, an auctioneer analyzes the details and gives you a precise Appraisal.
2. Home Expertise
If you prefer an in-person Appraisal, an expert or auctioneer can come directly to your home to value your Hermès bag.
– Why it’s ideal: You get a professional assessment in the comfort of your own home.
– How it works: The expert examines your bag, checks every detail, and gives you a precise Appraisal on the spot.
3. Appraisal under study
You can also visit Penelope’s for a complete and personalized Appraisal of your bag.
– Why choose this option: You benefit from comprehensive service, expert analysis and a friendly atmosphere.
– How it works: You present your bag to the appraisal department, where an expert evaluates it meticulously and offers you an Appraisal in line with the price of hermes bags.
