The horsebit was first used by Gucci in the 1950's on sturdy leather handbags. Since that time, the iconic motif has made its way into countless patterns and designs. As a glistening accent, this trademark symbol remains a coveted classic to this day. CONDITION: The exterior of this handbag is in good condition. The bottom leather is wrinkled and there is a 1" wear mark on the back bottom left of the bag. The interior is clean and in good condition. It ships with a designer dust bag.