This is a fabulous project bag for someone to restore. Possibly paint the straps and trim so that the watermarks are not visible? Can also be cut up and used to create smaller accessories. Zippers and bag are in fabulous condition, bag has been cared for and treated over the years. No visible damage or cracking to the bag itself. Water damage to the trim as shown in photos. The 2 last photos are examples of what can be done to conceal the watermarks.