Hermès · Tier 1

Kelly

Name: Hermès Kelly PM
Brand: Hermès

Catalogued June 2026

Originally launched in 1935 as the 'Sac à Dépêches,' designed under Robert Dumas, with a trapezoidal silhouette, single reinforced handle, four brass feet, and a flap top secured by a double-belted turn-lock closure. The bag is older than the Birkin (which was introduced in 1984) by roughly five decades. It gained its current name after actress and Princess Grace Kelly was photographed carrying one to shield her pregnancy from paparazzi in the 1950s; Hermès officially renamed the style for her in 1977. Each Kelly is handmade by a single artisan and reportedly takes 18–25 hours and roughly 680 hand stitches to complete.

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Size

20 25 28 32 35 40 50 MiniPMMM Maxi Unknown

Colour

Black MetallicUnknown

Material

Epsom Togo Swift Chevre Mysore Niloticus Crocodile Ostrich Box Calf Alligator Clemence Fjord Porosus Crocodile BareniaUnknown

Hardware

gold palladiumUnknown

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Made in

What the house has produced this bag in, from our sourced records.

Material

Togodefault, Clemence, Epsom, Swift, Box Calf, Chevre Mysore

Seasonal: Barenia, Lizard, Ostrich, Niloticus Crocodile, Porosus Crocodile, Alligator

Construction

Retournedefault, Sellier

Hardware

The Hermès Kelly PM is a structured bag.

What it's worth

Hermès · Kelly · PM

All PM colours and leathers · 1000 recorded prices

Best listed right now: $1,735 on The Luxury Closet, well below the typical price (median $19,145).

Demand is light and prices are soft, so there's little pressure to move fast.

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

By condition · compared like-for-like

excellent

30 prices

very good

9 prices

good

4 prices

$5,250$30,000

Estimated from recorded resale prices (built from 996 asking + 4 sold prices · 957 with condition unrecorded) · not an appraisal. As of 2026-08-08.

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Where it stands

of 517 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 #2

By priceof 517 styles

#2Birkin · Hermès
#3Kelly · Hermès
#4Souplissimo · Chanel

By trade volumeof 517 styles

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Bag DNA

What this bag is made of. Tap any part to explore the rest of the catalog.

HHouseHermèsest. 1837 · France Shapestructured

The Story

A 1930s bag for carrying saddles became the first It bag the day a princess used it to hide a pregnancy.

Origin

From the stable to the salon

The Kelly began in the 1930s when Hermès shrank a bag built to hold saddles into a structured handbag for women, the Sac à dépêches, launched in 1935. Simple, solid and roomy, it was made to carry a lot in a refined shape.

SourcesWikipedia

Culture

The photograph that changed everything

Grace Kelly fell for the bag while filming To Catch a Thief in 1954. In 1956, newly the Princess of Monaco, she was photographed using it to shield her pregnant belly from the cameras. Sales jumped overnight and the bag became the first true luxury It bag.

SourcesWikipedia

Guides for this bag

Articles on the Kelly and Hermès from our verified experts.

Photos

This bag is a rare find.

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Specifications

SizePM

Exterior materialNot yet documented · know it? Tell us

ColorwayNot yet documented · know it? Tell us

Hardware colorNot yet documented · know it? Tell us

Silhouettestructured

Closureturn-lock with strap and belt-style closure (touret turn-lock plus a leather strap that buckles down over the flap, secured by a separate padlock)

StatusDiscontinued

Marketresale

Resale price history

-6%

$24,640 → $23,040 across 1000 recorded sales

2026-06 – 2026-08

Estimated from recorded resale prices · not an appraisal or investment forecast. Values can go down as well as up.

Research depth

We haven’t researched the authentication details for this variant yet. The brand-level markers still apply: check the Hermès guide →

Where to buy

Pre-filled searches on the major resale platforms. Listings and prices are set by each reseller. What protects you at each venue

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Search on Fashionphile✓ Authenticates every item · 15-day returns on eligible items Search on The RealReal✓ Authenticates every item · Handbags are final sale Search on Vestiaire CollectiveAuthentication available · Limited: final sale unless not as described

Where to sell

Selling is a trade: top dollar takes patience, fast cash costs you margin, keeping it all costs you the safety net.

See what you'd keep at each venueThe Hermès Kelly run through every venue's real published fees, ranked by what lands in your pocket.

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Care for it

Grained leather is forgiving, but it still likes a gentle clean and the odd condition.

Leather cleaner

A mild cleaner that lifts everyday grime before it sets into the grain.

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Leather conditioner

Puts moisture back so the leather stays supple instead of drying and cracking.

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Protectant spray

An invisible barrier that helps the bag shrug off water and light stains.

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Our picks are a starting point. Test anything new on a hidden spot first. Some Amazon links are affiliate links.

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Word of mouth

What gets said about this one, drawn from published reviews and owner discussion. Tell us where your experience differs.

The case for

It ages slowly. Owners years in report handles and hardware still close to new, and edge paint, handles and hardware can all be redone at the Hermès spa.
3 sources · PurseForum: Kelly 28, any regrets?
That strap is still why many owners pick it over the Birkin. Hands free mattered more than they expected, and several call it the Hermès they actually reach for.
4 sources · r/Hermes_lovers: is the Kelly's clasp hard to use?

The gripes

The closure is the loudest complaint by some distance. Turn the lock, unhook both sangles, lift the flap. It needs two hands and usually somewhere to set the bag down.
4 sources · r/Hermes_lovers: is the Kelly's clasp hard to use?
Retourné softens with wear and the bigger sizes can slump. Owners lean on third-party inserts to hold the line, since leather and hardware can be refreshed but the silhouette cannot.
3 sources · PurseForum: if you could only have one Kelly, sellier or retourné?
The strap is thin, fixed at 85cm and not adjustable. It works as a shoulder carry for some and as a crossbody for almost nobody, so a second strap is a common purchase.
3 sources · r/TheHermesGame: functionality of the Birkin and the Kelly
Capacity is smaller than the footprint suggests. The body tapers and the flap has to close over it, so you fill it about halfway before the front starts to bulge.
3 sources · YouTube, @mrsleyva: Kelly 25 retourné, brutally honest review
The larger sizes get heavy once loaded. Owners of the 28 and up report shoulder and arm fatigue on a long day out.
2 sources · r/Hermes_lovers: is the Kelly's clasp hard to use?

We write these in our own words from reviews published elsewhere, then let owners here vote them up or down. Read as of July 2026. Reputation shifts, so if one of these has stopped being true, mark it out of date.