This is a neat vintage handbag – it’s a “magazine” purse -- and the magazine is "Ele’gance, Paris".
It has been much used and exterior has scuffs, scratches, etc. Interior is clean (it has a circular white mark on pocket that is not detrimental). Handbag is priced to reflect the “use” evidence.
Vintage magazine handbags are becoming more and more difficult to find. This one is a nice purse to actually use or would be a very nice display item.