It makes perfect sense, especially for Coach. There is so little hardware on the cosmetic case that I can't tell if it looks the same as my nickel hardware bags. It might be more shiny like the regular silver hardware. I'm thinking they probably changed the hardware designation to silver somewhere around 2002. I can't find proof of that though since the wayback isn't cooperating.It seems like the words silver and nickel were used interchangeably for a while. The early catalogs call that color Nickel, but I don't have any price tags from that time period showing the color codes although it seems like they used "nickel" in the catalogs and the SV code on the price tags. Technically it's more accurate that way since the metal was usually nickel or nickel plated anyway, but the color description was silver since that was the common description of that color. I don't ever remember seeing a price tag code for Nickel except on newer styles with colors like Antique Nickel or Black Nickel.
Does that make sense? I'm still caffeine-deprived this morning so it might sound kind of muddled.
My cosmetic case came with a little booklet that starts "Coach began more than fifty years ago..." and continues "Today, Coach craftspeople number in the hundreds..."