It doesn't even look like a particularly good rework -- the cracking on the front is unfortunate. I was trying to see if it's just the reflection, but it looks very cracked in the middle near the left buckle and we all know there are plenty of 1987-vintage bags in much better shape after a good rehab effort. Eugh, Coach, I am disappoint.That's very sad. Don't they know you destroy the value of a vintage item if you do that?