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Hermes mini kelly6/11/2023 A Gris Perle and Kraft Matte Alligator Mini Kelly sold for just over $196,000 in 2022, the most expensive Mini Kelly sold by Sotheby's to date. Exotic mini Kelly bags are far rarer than leather ones, and this tremendous scarcity will likely translate into record-breaking auction results in future seasons. Exotic Mini Kelly bags, though, have 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. With a handle drop of 18.5 inches, the shoulder strap allows many women to carry the mini Kelly 2 crossbody for a more casual look. Carry this understated gem by the single rolled handle in the hand or by the matching, detachable shoulder strap. Since then, prices for all Mini Kelly bags have risen dramatically, with the average auction price in 2021 nearing $29,000. The Herms mini Kelly 20, in the classic Sellier style, is a structured handbag with clean design lines. During the first years that these bags appeared at auction they averaged over $15,000, eclipsing the value of vintage Mini Kelly from the start. This exciting new rendition of a timeless bag has proven to be a runaway success and smash hit with both experienced and young Hermès collectors. The Mini Kelly sells for $8,000 in Epsom and $8,500 in Chèvre in Hermès boutiques but is selling for multiples of this value on the secondary market. In the seven years since the Hermès Mini Kelly II was released, it’s auction prices have only gone up. New Hermès Mini Kelly: The Modern Must-Have Handbag A vintage 1997 Crocodile Rose Bonbon Mini Kelly sold for a record $156,000 in the Art of Collecting Handbags, The Visionary Collection of Joseph Lau. Today, vintage Mini Kelly bags 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 sold at auction annually plummeting to less than two over the last three 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 first came to auction. Generally considered a novelty, the Mini Kelly could easily be purchased 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 Hermès Mini Kelly was not much of a hit during its debut era. Vintage Sellier Mini Kelly 20: The Original Mini
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