Congratulations! It's really pretty.
I suggest storing it with the felt, and with the stuffing that came inside. It will keep the bag pristine during storage.
Also, if it gets scratched, then you can use a microfiber cloth (i.e. the one for eyeglasses lenses) and gently rub the scratch in circular motions. It may remove or lessen the scratch. I do not suggest applying product on it because it can darken the leather. If you do use a product, then I suggest testing it on a spot under the flap or at the bottom of the bag that is less visible. Don't test it on the lining as it is a different leather.
Thank you so much averagejoe!
Should I leave the felt covering the entire bag as it came in, or leave it just under the flap? The felt is detachable at the flap.. sorry if it’s like whichever is the same lol..