Please help Identify this Handbag!

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Can someone help me identify this Fossil canvas bag? It states N. 54 Original premier bag.
Thanks!View attachment 4426216 View attachment 4426217

I guess it is the No. 54 bag?

I dont know a lot about these purses but I do know that for awhile all of them were marked this way.
Fifty-four was Fossil's designation for a premium line they introduced several years ago. I guess they didn't sell as well as they had hoped so they discontinued them. I don't know how high the price points were.
 
That will be great if anyone knows their history as I believe they are vintage?
 

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