L and M handbag has three ways to use it. It is in perfect condition. Black faille is the stand alone purse and the reversible facades are black patent and once it is reversed it is paisley motif, velvet fabric. The purse is lined in black faille and has the L and M logo printed on the inside pocket. This 1957 patent design by Lowy and Mund of New York has a clear lucite handle and special hooks for quick change, The clip-hooks and hardware are a silver-tone metal. The interior has one compartment with a flat pocket. Very clean interior, excellent condition. Purse body measures 9 inches long by 7.5 inches wide by 3 inches deep. It is hard to believe this purse is over 60 years old and in such marvelous condition. It's testament to how women store their handbags and use so few of them. Will only go up in value.