New with defects.....sole was refurbished by Neiman Marcus, has a minor flaw as seen in pics where the leather separating 2 of the holes came apart and also missing grommets...does not affect shoes and hardly noticeable when wearing since the tie straps hides it....the 5th pic shows the flaw when the tie is loose and the 6th pic shows when it is tied. The last pic is of a recent flaw where there was color transfer from the shoe straps while in storage. $2,000 original retail so sale price reflects all flaws....no box or dust bag.