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. Textiled on luxurious velvet, the trademark design remains a coveted classic to this day. CONDITION: This handbag has a clean exterior and is in good condition. The bottom corners show some light wear. Please note, this bag appears to have water marks on the leather, however it is not damaged. The dark spots are part of the natural leather grain. The interior is clean and in great condition. It ships with a designer dust bag.