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This was not a Christmas gift, but I found this last month and bought it as an early birthday gift to me ( and good wishes to my fellow birthday buddy
@ElainePG 
).
Two things I had learned and really had reinforced from this thread last year are am I buying duplicates in color and style/function and what do feel is missing from my assortment of bags?
I was really missing some spots of color. I love that I have many black, red and neutral bags in my mostly vintage gang.
Coach did make vintage bags in some great colors, but they are few and far between to be found, and most I do find are in terrible condition.
So anyway, About a year ago, I do see someone posting the Ace satchel in cornflower blue and all I could thing was Wow. Wow. Vintage-loving-me in love with a contemporary bag! Because it was discontinued and even it I could find it at half retail, it was still more than I wanted to pay. So I just simply admired it whenever I saw it posted on Passenger or WCBAYCT. It did reinforce my periodic search for a HG vintage bag in that shade of blue, cause you never know, right??
I was floored just before Thanksgiving to see it listed generically as a blue Coach satchel. With a starting bid of $50 and the buy it now option!! I made a modest offer and the next thing you know it’s being shipped to me for under $100

And I’ve been using this beauty since I do like to wear navy blue, denim and khaki. The style is not something I would choose for being out all day long, but it is great to take to the office.
It is very satisfying to make a make a purchase I never thought would be available at
my price and on a bag that makes me say
Wow. Repeatedly, lol. I felt like I had done my home work, and was able to seize the unexpected opportunity when it presented itself.
So here’s my question for everyone: What bag have you bought, that you truly enjoy, that was the result of doing your *homework*?