I'm agreeing with Pale Rose, just horribly faded/yellowed.
Here's a few old Yoogi's listings and you can see the color does have the tendency to fade to a yellowness (natural color of the bag before dye, I guess?)
https://www.yoogiscloset.com/design...-rose-chevre-leather-motorcycle-city-bag.html
https://www.yoogiscloset.com/111551...se-lambskin-leather-motorcycle-first-bag.html
Here's a few old Yoogi's listings and you can see the color does have the tendency to fade to a yellowness (natural color of the bag before dye, I guess?)
https://www.yoogiscloset.com/design...-rose-chevre-leather-motorcycle-city-bag.html
https://www.yoogiscloset.com/111551...se-lambskin-leather-motorcycle-first-bag.html