Hello ladies,
I come to say thank you, thank you!
I finished rehabbing the bag that felt like suede on the front flap and leather on the rest. You advised me to keep conditioning, because it might take several applications to make it look like leather again. Most likely (although that was my plan, to give it a bath and conditioner a couple times), I would have given up when it seemed almost impossible, but I didn't give up and I do not know how many layers of Leather Therapy and Blackrocks, and one arm now bigger than the other from buffing, LOL but now I am very happy with the results, although as you also mentioned the color would get darker, but now matches the patina of the rest.
Also very pleasantly surprised when polishing the buckles, I realized that are all stamped with the "anchor". Before I only had seen it on the strap clips.
So thanks for your advice and encouragement, you ladies rock!

Before and after...
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