Looks like a cat got to it. Sandpaper or extremely careful skivving would probably improve it, but it will never be perfect. But perfection is highly overrated anyway, lolHere's a Red Lexington Briefcase (not authenticated) for $60 OBO. It has some issues, including little tabs of wear sticking out all along the top. I think that they might rehab okay if you sand them very gently with sandpaper - but I am not sure. All I know is that it's red!!!
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Authentic COACH Vintage Lexington RED Leather Shoulder Bag Briefcase RARE EUC | eBay
Made of all Leather with gold accents and hardware. This is a Coach bag that exudes the quality that any executive, attorney, realtor, architect, designer, traveller, or any professional would appreciate.www.ebay.com