Tory Burch Colorful Letter Canvas Tote

I bought this bag second hand. It reminded me of those refrigerator magnets that my kids used to play with. In the second photo, I added the bottom of one side. It looks like the blue in the U faded into the white canvas. I hope I describe that right otherwise it’s in great shape. Just needing a new home. Anything I could’ve missed or any questions please ask..