Identification
Photo reference
13 uploaded photos
Overview
The handbag is definitively identified as a Louis Vuitton Suhali Lockit PM by the clear exterior and interior heat stamps, branded square base studs, and engraved padlock. The interior date code 'TH1016' confirms production in France in November 2006.
Story
Produced in France in November 2006, as indicated by the interior date code 'TH1016'. The Suhali collection was introduced under Marc Jacobs, utilizing premium Suhali goat leather to offer a more understated, luxurious alternative to the brand's coated canvas lines. The Suhali line represents an era of 'stealth wealth' for Louis Vuitton, prioritizing premium goat leather over overt monogram canvas. While not as liquid as classic monogram pieces, the Lockit PM retains a dedicated collector base.
Maker / Origin
Louis Vuitton
Condition & Value
The bag shows moderate wear consistent with its age. The confirmed presence of the original padlock and both keys is a significant positive for completeness. However, the confirmed presence of two small exterior ink marks and the absence of the original dust bag place the overall condition in the 'good' rather than 'very good' category, directly impacting its ceiling value on the secondary market. The bag presents in very good vintage condition with light, natural creasing to the grained leather, minor surface rubbing on the smooth trim/handles, and light scuffs to the base.
Full Research
Sold comps, value drivers, and venue guidance pulled from recent auction results.
The Suhali line represents an era of 'stealth wealth' for Louis Vuitton, prioritizing premium goat leather over overt monogram canvas. While not as liquid as classic monogram pieces, the Lockit PM retains a dedicated collector base. Current secondary market demand is steady for neutral tones like Sienne, though buyers are highly condition-sensitive, heavily discounting bags with exterior stains or missing hardware.
▲ Confirmed inclusion of the original Louis Vuitton padlock and both keys preserves hardware value.
▲ Sienne (warm brown) colorway is highly versatile and maintains steady secondary market demand.
▲ Premium Suhali goat leather construction appeals to collectors seeking non-monogram LV pieces.
▼ Two confirmed small exterior ink marks limit the bag to 'good' condition, capping the high-end valuation.
▼ Absence of the original dust bag slightly reduces the presentation value for collectors.
Best Venue
Given the exterior ink marks, peer-to-peer platforms like Poshmark or eBay are recommended over strict consignment houses (which may reject the bag or offer a very low buyout due to the ink). List with clear, well-lit macro photos of the ink marks to manage buyer expectations and prevent returns.
Upside Potential
If the ink marks can be professionally mitigated or removed by a leather specialist without damaging the Suhali grain, the bag could appeal to condition-sensitive buyers and push back toward the $650-$750 tier seen for excellent-condition examples.
Authenticity Risk
mediumLouis Vuitton is a highly counterfeited brand. While the Suhali line is less commonly replicated than monogram canvas, high-quality fakes exist. The visible heat stamps, date code (TH1016), and hardware engravings appear consistent with authentic 2006 production standards, but professional third-party authentication is always recommended for luxury handbags before a high-value sale.