It is new. This bag is the highest quality fringe bag can come in. The bag is quite heavy due to the quality of the leather. The fringe bags have long fringes that is all around the front and the back. The inside has one zipper pocket. The studs are very well made and the bag closes with. The bag has big lobster clasp that you can seal the bag with security. The bag is retailed at $ 375. I am selling it for $250.89. It is the highest quality a bag can come in, like I said before. You have to see it with your own eyes to know the quality.