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. We have not yet confirmed a price increase on quota bags for 2022 but it appears there may have been a slight hike. In 2020 my Mini Kelly in Blue Brume but in Epsom cost 8,000 (in the US). Each season a new record for this style is set and the trend shows no signs of abating. Cost: This mini Kelly in Chevre leather with canvas strap cost 9250. 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. In the six years since the Hermès Mini Kelly 20 II was released, it’s auction prices have only gone up.
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. The bag shot to international fame and was renamed the Kelly. Surprisingly, the original Mini Hermès Kelly was not much of a hit during its debut era. Kelly bag Hermès Hermès USA Account Cart, empty In the late 1950s, legend has it that Grace Kelly, a Hollywood star turned princess of Monaco, was photographed holding the bag over her stomach to conceal the early signs of her pregnancy. Vintage Mini Hermès Kelly: The Original Mini Kelly
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