Hermès · Tier 1

Picotin Lock

Name: Hermès Picotin Lock 18
Brand: Hermès

Catalogued June 2026

The Hermes Picotin is an open-top bucket bag introduced in 2002, its name taken from the picotin, an old French measure of oats fed to horses, a nod to the house's equestrian roots. It has a simple unlined body that slouches with use, two top handles, and a base that widens for structure. The padlock and clochette that give the current Picotin Lock its name were added in 2008, cinching the handles together. Made in leathers like Clemence and Togo, it is prized as a low-key, hardware-light everyday Hermes.

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Size

1822 26 Micro Unknown

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What it's worth

Hermès · Picotin Lock · 18

All 18 colours and leathers · 1000 recorded prices

Best listed right now: $1,919 on The Luxury Closet, well below the typical price (median $4,095).

Prices have been trending up over the tracked window.

No longer in production, so resale is the only way to buy it.

By condition · compared like-for-like

new

7 prices

excellent

134 prices

very good

50 prices

$2,695$8,400

By production era · decade

2000s

7 prices

2010s

6 prices

2020s

37 prices

$1,891$22,000

Resale by production era: 50 listings, estimated from recorded prices.

Estimated from recorded resale prices (built from 997 asking + 3 sold prices · 809 with condition unrecorded) · not an appraisal. As of 2026-08-01.

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Where it stands

#11

of 512 styles in the LC Index

✦One number for where a bag stands in the whole market.
⚖Blended from price, trade volume, and scarcity.
◷Recomputed monthly from recorded market prices.

Our index, not a verdict. How we rank

The three measures behind #11

By priceof 512 styles

#54Icare · Saint Laurent
#55Picotin Lock · Hermès
#56Villette · Goyard

By trade volumeof 512 styles

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