While not 100% certain, I don't think it's authentic. I've never seen this style before but heck I haven't seen every TOD'S ever made either. I'm not convinced about the lining. I would ask for pictures of the inside of the zipper which should say 'Lampo', and if it says 'genuine leather' or 'made in italy' anywhere inside. Strange that there is no inside compartment on one of the outside walls.
Get more pictures and post. BTW, I think the end price will be close to $200.00 b/c it does look pretty good.
Took another look, the stitching is to perfect, looks machine stitched; TOD'S are handstitched.
Cheers