I have been informed of the rarity of such a beautiful vintage bag from the 1920s. Clasp is made of bakelite, a material that was discontinued in the 1940s. It's all hand beaded and has a small mirror that folds out when opened. The inside is a pretty orange material with no rups or tears and has a pretty gold sheen. Only flaw is a mended spot on the strap, as pictured. Otherwise, it's been kept in great condition!