I found this bag at Goodwill a few years ago when cognac was the color to have. I could not believe the quality of the leather when i touched it. You know i love pebbled leather but this is smooth, rich, quality leather and craftspersonship. It was $8 or $12, something like that – and it was quickly purchased before someone figured out they should have charged more for a vintage Nordstrom leather bag/tote. Yes, it converts to a tote. This color goes with everything. I really enjoy this bag.