Authentic LV wallet. No peeling. Piping/edging needs a little repair. Pre-loved condition. Fully functional. Please observe the images I provided for you to properly make a decision to purchase. See edges, need repair by cobbler. The threading and glue on edges needed are the callouts. It is a nice piece for your collection or resell. No peeling whatsoever. The snap button does not have a tight snap, but it does snap lightly. No cancelation. Retail price over $1000