I remember MCM! I didn't have a bag, but I LOVED their signature perfume in the early nineties. I was sad when I couldn't find it anymore.
I actually liked the whole concept of their name as much as anything else -- I love the turn of the century and liked the way they called one of their perfumes 1900 instead of using the roman numerals, "MCM". Also, I was in high school when I first encountered the brand, and "mcm" are my initials
But everything vintage 80's seems to be making a comeback -- and the eighties were glory years for MCM, so I bet your bag will actually seem really trendy (NOT, of course that trendy should matter if you love it

)