The 'arcs' cross so when it's square if moe full, the 'rg' and 'wg' colours cross . It's easier to see on the larger versions.
photos different sizes med 1. sideview Maison d'Emma VC and large 2a held & b aerial Andrea Etsy
Med
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Large
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I have no idea why the didn't reissue this for the Centenary unless the leather factory owned the design or they had lots of returns. I would have been interested in a similar concept/aesthetic. The centenary versions seem so tame for a jewellery piece celebration. And why not a third colour, a 3-colour a round or triangular bag?