It's authentic, style 6571 and approximately 9-10 years old. It's some type of hamptons pebbled leather (perforated?) wristlet.
Here's the suede version (6574) from the Wayback machine (Feb. 2005). That one was called [FONT=Arial, Helvetica, Sans-Serif][SIZE=-2]
New COACH HAMPTONS SUEDE LARGE WRISTLET $78[/SIZE][/FONT]
web.archive.org/web/20050209094146im_/http://www.
coach.com/assets/product_images/thumbnail/6574_SVAM_t.jpg
ETA Again!! Found it! Wayback March 10, 2005.
web.archive.org/web/20050310080951im_/http://www.coach.com/assets/product_images/thumbnail/6571_SVAZ_t.jpg [FONT=Arial, Helvetica, Sans-Serif][SIZE=-2]
New COACH HAMPTONS LEATHER LARGE WRISTLET $78[/SIZE][/FONT]