I would be nervous too, from a zero feedback seller?? From the photos provided it looks ok, but we really need more pics to be 100% sure. There have been too many zero FB sellers listing fakes on ebay lately for me to be anything but leary of this listing.
Ask her to send you a photo of the inside made in country tag and the engraving on the sides of the gold hardware that are connected to the handles.. Also a direct shot of the Michael Kors label so we can check the stitching., etc.Try to get these pics before you pay. Tell her you refuse to pay, until she sends the requested photos. If she doesn't answer you, you will have to pay before 3 days after you win the auction, or she can file an unpaid item against your account.
If you end up winning, and have to pay, without getting those pics first, just come back here after you get it, and provide us the requested photos shown in my signature below and we can then give you a definite answer. You can always return it, for a refund,if we deem it is fake.
The letters on the front can just be from shadows and various other photography issues.such as lighting, etc. If you did not bid yet, I would not bid until you get more pics. For the amount you are bidding, as it is almost up to 200.00, you can find this bag on sale new, at many MK retail stores.
I would NEVER buy a designer bag from a seller who has no proven history of selling ANY authentic bags. Please avoid this in the future. Not a very good practice. Especially when it comes to designer bags. Hope this turns out OK for you. All is not lost however, because you can still get your money back. Good Luck!