Brand new! Really nice larger size. Originally retail value for $1,295. I purchased from Nordstrom Rack for $455 and decided to get a different bag. You can see in really small writing on the inside where they marked down price. It’s past my return window so just trying to get some of my cost back. Great option for an authentic luxury bag at a fraction of the cost. It’s still brand new and ready for a new home. :)