The item is a Coach wallet, specifically the Coach White Zip Wallet with Heart Bandana Rivets, also known as the Coach F67495 Heart Bandana Accordion Zip Clutch Wallet This has some wear on the zipper- stain on fabric as pictured I have no idea what the stain could be. I’ve actually never used this wallet. I have not tried to remove the stain. When looking at front of wallet, there is a little space under the leaf that appears to be a cut, but it is part of the design. You can compare to other wallets with the same design. It is not a flaw. This wallet is in GUC