I had the Sophia from the first type of gathered leather, like this:
http://www.ebay.com/itm/COACH-Madis...317760?hash=item3d16404cc0:g:340AAOSwcOFWbFJc
There are factory bags with this kind of gathers; some of them have pockets.
Then they made a variation, I think it was called twisted, like this:
http://www.ebay.com/sch/i.html?_from=R40&_sacat=0&_nkw=coach twisted&rt=nc&_trksid=p2045573.m1684
Then they made this kind:
http://www.ebay.com/itm/NWT-COACH-M...187638?hash=item3ac0a5b1f6:g:7SQAAOSwS7hW~pbR
I think it has an outside pocket. The gathers look more random.
The one you posted looks embossed in a gathered pattern. It doesn't have the definition of the others, IMO. It is MFF. The style number is F29284 and it is called gathered leather satchel.