yeah I felt the same way about the price, especially in comparison the Petite Course bag which is 50 Euro more expensive, made out of Epsom leather and for me is not as functional. I have been busy snapping one up from the website to try because you never know if it comes back around (although the European H website has had a lot of bags listed recently). I am not a gold person, so that won't stay with me.
I could fit phone, wallet, lip balm, power bank, and probably either sun or reading glasses - you can fit more for sure but that will change the slim silouette. I love also that you can turn it into a shoulder bag - I always love options like this.