2000 Hermes Birkin Kelly Doll Bag is Reselling for $100,000+ Today: Here's Why

What are Kelly Doll bags?

If you're familiar with collectable bags, then you'll know Hermès. Established in 1837, the company has a long history dealing with the desirable and hard-to-acquire. The Kelly Bag, produced since 1935, is a popular part of their line-up.

These feature the highest quality leathers available, requiring hours of stitching by hand before they're ready. The success of these bags have led to several offshoots, among them the Kelly Doll.

Debuting in 2000, these were a goofier take on the chic Kelly Bag. They had arms. And legs. And faces too, with silly grins. They came in a wide range of bright, daring colors, with Orange being the most popular.

The bags retailed for the same as regular Kellys, around $2,500, and were moderately popular during their production run. In fact, up until around 2015, they kept pace with other Hermès bags on the aftermarket, often times actually running slightly cheaper.

Why are Kelly Dolls so expensive?

As time passed, the standout aspects of the bag found appreciation. What was before a mildly tacky handbag was seen as an endearing example of 2000s playfulness. It was fun! It became clear that they were worth more than the $4,000-$5,000 they were bringing in. Auctions began to attract tens of thousands of dollars, and by late 2015, the expected price was $20,000.

Now, Kelly Dolls that are in perfect condition can go for more than $100,000. For a bag produced only 20 years ago, this is an unprecedented increase in value. For comparison, standard Kelly Bags from the same period are valued at $10,000-$15,000, while the more exclusive Birkin Bags are worth around $20,000. Clearly the Kelly Dolls have endeared themselves among collectors, and it is likely that they will retain their value for years to come.

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