![]() Exotic Mini Hermès Kelly are far rarer than leather ones, and this tremendous scarcity will likely translate into record-breaking auction results in future seasons for pristine condition Mini Kelly. The exotic Mini Kelly has not experienced such a clear elevation season over season, with average auction prices varying between $32,000 and $48,000 for ostrich and lizard examples, and between $37,000 and $57,000 for alligator versions. Each season a new record for this style is set and the trend shows no signs of abating. Since then, prices for all Mini Hermes Kelly bags have risen dramatically, with the average auction price in 2022 nearing $30,000. During the first years that the new Mini Kelly appeared at auction they averaged over $15,000, eclipsing the value of the vintage Mini Kelly from the start. This exciting new rendition of a timeless bag has proven to be a runaway success with both experienced and young collectors. The Mini Hermès Kelly bag sells for $8,000 in Epsom and $8,500 in Chèvre, but is now selling for multiples of this value on the secondary market. ![]() Year 2023 Dimensions Height: 4. In the six years since the Hermès Mini Kelly 20 II was released, it’s auction prices have only gone up. Description Hermès Gold Epsom Mini Kelly II 20 Gold Hardware, 2023 The interior is lined with tonal leather Includes strap, dust bag and box This item is final sale and not eligible for return Condition Report Revive Fair Good Very Good Like New No visible signs of wear. Today, vintage Mini Hermès Kelly are extremely hard to find even in regular leather, and it is expected their value will continue to grow in tandem with the new Mini Kelly for years to come. Their presence on the market has notably declined, with the average number of Mini Kelly bags sold at auction annually plummeted to less than two over the last few years. Since then, values for these highly collectible vintage bags have galloped along to keep pace with their new mini cousins. That is, up until 2018, when the new Hermès Mini Kelly 20 II first came to auction. Generally considered a novelty, these bags could easily be had for under $10,000 in leather, and exotic versions did not command much more. Though beloved by fashion-forward icons like Elizabeth Taylor – who had 3 in her collection – the Mini Kelly was generally too small for most women, especially in a time when big bags reigned supreme. Surprisingly, the original Mini Hermès Kelly was not much of a hit during its debut era. Vintage Mini Hermès Kelly: The Original Mini Kelly As its name suggests, the mini Kelly bracelet is a miniaturized reproduction of the iconic Kelly Double Tour bracelet.
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