I'm sorry to hear that you're going through this kind of nonsense. Why in the WORLD don't some buyers make an effort to understand what they're buying?
There's NOTHING wrong with that clutch - genuine and with a GENUINE outlet stamp that was NOT faked back in the 1990s.
Here are a few photos of another one with a 1997 serial number I found and saved a while back, along with a scan of Coach's Spring 1997 catalog page 41 showing your EXACT clutch.
Hope this helps.
(BTW, I've been researching Coach and Coach fakes for 5 or 6 years now and that turnlock with the squared-off ends was only used by Coach for about 2 or 3 years starting in 1997, and I've NEVER seen that copied on fakes. The turnlock and detailing in the turnlock tab, and the stamping of the creed statement is
absolute proof that yours is genuine.)