This is a pretty good article but in actuality, Grace Kelly primarily carried a retourné Kelly, as seen in the iconic “baby bump” photo.This thread caught my eye. Given I've been out of the H loop as far as bags go, I needed a refresher. Ran across this article that seems spot on to the OP questions. I'm not familiar with this company, so someone else can address that.
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The Kelly Sellier vs. Retourne — Which One Will You Choose?
The Hermès Kelly Retourne and Sellier are similar in appearance, but there are significant differences between the two. Read on to learn what makes these two styles different.madisonavenuecouture.com