Gucci Navy and Red Wallet

Vintage 1970s Gucci wallet. Features iconic GG pattern on canvas. Navy blue and red web. This was sold to me as authentic, but I am not an authenticator, so I can’t verify the provenance of this wallet. I bought it here on Poshmark some months ago. The magnet for the horse-bit clasp is not as strong as it probably once was, but the wallet is clean and classy. I paid $220+ with shipping I believe, but re-poshing it for much less in light of the horse-bit clasp not being as strong as one might want. It still closes up fine, but I wanted to be transparent about it since the original seller on Poshmark did not mention it to me. This is vintage Gucci, likely from the 70s, so with that in mind it is in decent shape, but expect some vintage character and signs of use. Box and dust bag pictured are included.