This is a beautiful bag. Gorgeous deep blood red, calfskin and large (not over the shoulder, however). Sadly, there are 2 things I do not like about it: 1) completely open. ANyone can slip their hand in and take something. If it falls over, everything can fall out 2) it does have a clasp; a cheap little lobster claw that is attached to the nylon fabric (not the leather), by 3 links on each side. That thing is going to rip RIGHT OUT the moment you fill the bag. Plus, it is very awkward to un-clasp it. Poor design, I must say. So, it's going back. BTW, NM sent it to me and there was: 1)no box 2)so it was not wrapped 3)the top half of the bag was folded over, so there is now a heavy crease only the front and back of the bag. It was wrapped in paper and shoved into a small (same size as or a tad smaller than the bag) box. For $3000, I expect a LITTLE bit better. Ah well.