The Hermès In the Loop, Newest Alternative to the Picotin
Learn more about the Hermès In the Loop bag.
History of the Hermès In-the-Loop
The Hermès In-the-Loop bag pays homage to the iconic Chain D’Ancre motif, a symbol deeply rooted in the history of Hermès since 1938. It is a regular motif that is regularly featured in a range of Hermès products. In 1937, Robert Dumas, son-in-law of Emile Hermès, traveled to the coast of Normandy, where he was captivated by the intricate chain links connecting a boat to its anchor. In 1938, Dumas brought this idea to Hermès and crafted the silver Chain D’Ancre bracelet. In 1970, the Chain D’Ancre design was registered as an exclusive to Hermès. The In-the-Loop bag draws inspiration from Dumas’s Normandy trip, featuring the Chain D’Ancre motif throughout the bag’s design. This bucket-shaped bag has smooth Swift leather handles and a convenient pocket inside. Its structured bottom features the Chain D’Ancre design, supporting the entire bag. The Hermès In-the-Loop bag has a clasp closure that embraces the motif while ensuring your belongings are secure. Its wide compartment opening offers easy access to all your essentials. Launched in December of 2022, this bag has the potential to become the next Hermès “it-bag” and could become an alternative to the Hermès Picotin.
Hermès In the Loop Variations
The Hermès In the Loop bag comes in two sizes, with the Hermès In the Loop 18 and 23. There is also an Hermès In the Loop belt bag that has been around since 2020. The bag is most commonly made in Clemence leather with Swift leather handles but it is also available in Toile with Swift leather handles. The In the Loop belt bag is made in Swift leather. Similar to the Picotin, over time we would expect limited edition variations of the Hermès In-the-Loop in exotic materials and unique materials to come to market.
Hermès In the Loop Price
Hermès In-the-Loop bags retail for $5,000 for the 18 size and $5,800 for the 32 size in Clemence leather at Hermès boutiques. The In-the-Loop bag is also available in a Toile version. Since the Hermès In the Loop is not a quota bag, it is more readily available than Birkin and Kelly bags. Secondary market prices for the Hermès In-the-Loop is a small premium to retail with prices generally ranging from $5,500 to $6,000 for a pristine condition bag. Only a few have sold at auction since being released in 2022, with prices ranging from $3,300 to $5,000.
Hermès In-the-Loop versus Hermès Picotin
The Hermès In-the-Loop is a natural alternative to the Hermès Picotin given their similar shapes. Both bags are unlined with a leather base interior, two handles, a hardware closure and most commonly available in Clemence leather. The Hermès In-the-Loop is more expensive due to more leather used to make the straps, the interior leather pocket and the finished wax edge on the top of the bag. The Hermès Picotin closes with a signature Kelly lock, has four protective metal feet at the bottom and does not have an interior pocket.
Buying and Selling an Hermès In the Loop at Sotheby's
Sotheby's has a curated selection of Hermès In the Loop bags available for immediate purchase. Sotheby's also often has Hermès In the Loop bags at auction and often at No Reserve. Expect to find Hermès In-the-Loop 18 and 23 in Clemence in classic neutrals and other popular Hermès colors in pristine condition. Shop Hermès In the Loop bags and Hermès In the Loop belt bags with recent date stamps in new and classic Hermès colors.
- Browse Hermès In the Loop available for immediate delivery.
- Explore upcoming handbag auctions in New York, London, Switzerland, Paris, and Hong Kong.
- Speak to a Salon Associate in New York, Zurich, London, Paris, or Hong Kong to schedule an appointment.
- Contact Handbag Specialist about selling an Hermès bag or submit your item here for valuation.
Trust our worldwide network of leading handbag specialists from a globally renowned auction house established in 1744.
