By the time Ms Gao brought a Roulis 23 into the Shenzhen boutique, the bag had been carried for a good while, the corners were noticeably worn, and all she had left was the original box — the receipt and dust bag had gone missing. Her question was a very practical one: can a bag that only grades C still be sold normally, will the offer be pushed down to the point of being meaningless, and how are the missing items counted?
Hermès Roulis 23 sold for CNY 15,000 — Shenzhen handbag buy-back case, August 2026
At a glance
Final price
CNY 15,000
- City
- Shenzhen
- Condition
- Grade C
- Accessories
- Box, no papers
- Payment
- 3 minutes after signing
The figure on this page is what this particular transaction settled at. It reflects the house, the model, the condition, how complete the accessories were and the market at the time, and is not a quoted price for a comparable piece.
The client
The model and the market
The easiest thing to spot on a Roulis is the interlocking double-ring clasp on the front, borrowed from Hermès’s chain motif; because it resembles a pig’s snout, the trade calls it the "pig nose". The house makes it in two sizes only, 18cm and 23cm. The 23 holds more and works on the shoulder or cross-body, which makes it the broader-audience size in the line. Black is among the easily traded colours and moves on relatively quickly. The double-ring clasp is both the identifying feature and a focus of the check — the stamps on the clasp and the curve of the rings are places an appraiser always looks.
A buy-back price is not arrived at by discounting what you paid. The house and the model frame the rough range, condition and accessories add and subtract within it, and the market at the time calibrates the result; within one reference, size, leather, colour and hardware pairing sort it further into tiers.
How this price was set
Ms Gao’s bag was quoted at CNY 15,000, with condition doing most of the pulling down — this one graded C, with visible wear at the corners, natural creasing across the leather, and light oxidation on the hardware. Two things held it up: black is an easily traded colour with plenty of takers, and the box was still there, so accessories count as box-without-papers and the deduction is smaller than it would be against a complete set. Condition is the heaviest variable on this model; each step opens a clear swing in the offer, and the corresponding tier can be checked item by item on the offer sheet.
The figure was not called by anyone. Once the inspection was recorded, the bag went up on the bidding platform, buyers around the country bid within the same window, and the client decided for herself against an offer sheet set out line by line. The Roulis runs through exactly this handbag buy-back route, and there is no official listed price to refer to. (Market figures reflect publicly available data.)
What we did
Competitive buy-back
The bag goes onto the bidding platform and trade buyers post live offers within ten minutes. The number comes from the market, not from one shop
Handbag authentication
An appraiser team of more than a hundred. Every item is signed off by three of them, and each check is recorded line by line and photographed
Credentials
Named in 2025 to the first cohort of pre-owned goods circulation pilot enterprises by MOFCOM, the NDRC, the Ministry of Natural Resources and SAMR; in 2019 Vintage-Privée entered a three-way strategic partnership with CCIC (China Certification & Inspection Group) and Alibaba.
Settlement
Payment goes out on the spot once you accept an offer. Nothing is charged if you walk away
How it ran
Talk to an advisor
Ms Gao described the size and how long she had had it, and we logged the accessories and the condition
Free valuation
House and model came through first; the valuation carries no fee
Book a viewing
Met at the Shenzhen boutique
Appraiser check
Corner wear, creasing on the leather and the double-ring clasp stamps looked at together, recorded, then listed
Trade bidding
Offers came from buyers in different cities, in a form she could read
Settlement
Ms Gao accepted the offer and the money was paid on the spot
Questions about this case
What is an Hermès "pig nose" worth at buy-back?
What is the difference between a Roulis 23 and an 18?
How many boutiques in Shenzhen buy Hermès bags?
Can a bag in ordinary condition still be sold?
Start with what yours is worth
Free online valuation. Nothing to pay if you decide not to sell.