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Archive
The Gallery

Hermès

Kelly 25 Sellier

$13,000

Investment Appreciation

The Kelly 25 has appreciated roughly 80% over the past decade on the secondary market, outpacing gold and most equities. Smaller dimensions command a sustained premium, with Togo and gold hardware the most sought-after configuration among collectors.

A Kelly 25 in Sellier construction, hand-stitched in grained Togo — the leather that resists scratching and softens with decades of wear without surrendering its rigid, architectural silhouette. The trapezoid line, the single top handle, and the horizontal sangle secured by a turn-lock closure remain as Margaux intended them. Carried, not worn; a quiet object of permanence.

Condition
Pre-Owned · Excellent
Material
Togo leather
Color
Brown (Togo)
Hardware
Gold-tone (GHW)
Dimensions
25 × 18 × 9 cm
Year
2023

Blind stamp, heat-stamped Hermès Paris · Made In France marking on interior leather fold, and matching hardware serial on the turn-lock plate — verified by our authentication laboratory before entering the vault.

Excellent
The Object
The Hallmark
The Detail
The Presence
The Archive
The Archive