Of rectangular form, the flap complimented by a large embossed turning ring closure engraved with a horse and carriage, exterior open pockets to front and back, stamped interior "Hermes Paris Made in France'' below applied gilt horse and carriage, date code blind stamp "X" followed by (2) initials.

6.75 x 8.5 x 1.5 in.

With hand-written note of valuation from HOP, Madison Ave., New York, available to buyer.

Shoulder strap designed to be removable but does not do so easily; shoulder strap surface flaking and with deterioration; loss to small area at back of bag and to left side at fold; restoration of this rare, early bag is suggested.

$1,000 - 1,500