Preowned. Notice wear along leather seams. Also leather is dry. It has been conditioned. It could use some more. No holes or tears just older vintage leather. Please examine photos carefully the best description of this bag being sold. Coach keychain included. Coach logo hardware on front. Noticed just a bit of tinge on buckle. Bag measures approximately 11 inches across 8 inches deep 2 1/2 inches across the bottom strap drop is 11 inches. small spot on bottom of bag is pictured.