Genuine, looks like an early to mid-80s Dinky Bag.
Please check my post in the Coach Reference Library showing a few older colors on hangtags and you can see the 1980s "Leatherware" tags.
http://forum.purseblog.com/coach-re...and-reference-info-158400-3.html#post21068477
Thanks, Hyacinth! And the color reference chart - wow, SO useful!