JoeyJimmy, are you referring to the leather hobo that's still available at saks.com?
Marc Jacobs - Medium Leather Hobo - Saks.com
Marc Jacobs - Large Leather Hobo - Saks.com
The one in the ebay listing is a completely different style or totally off. The saks' leather hobo has shorter shoulder straps (definitely not long like messenger bag), not-so-pebbled leather (soft calf), no side buckles at the low end of the bag.
(from saks.com)
Marc Jacobs Medium Leather Hobo
Subtle contrast stitching and silvertone hardware add interest to a simply chic pebbled leather style.
From the Resort 2006 Collection
Smooth leather trim
Adjustable single shoulder strap
Signature push-lock closure
Suede lining with zip pocket
10"H X 13"L X 3½"W
Made in Italy
Black has silvertone hardware; ivory has goldtone hardware