This is from Lauren Merkin. It's her Large Plum distressed lambskin bag in Faded Black. The retail value for this bag is normally $575. It's on sale at, www.laurenmerkin.com, for $195.
I am a real fan of this designer. I love the simple shapes of her bags. As well as the gorgeous leather that she uses. She has many other bags to choose from, but there aren't many that you can get for this price.
You might want to head over there ASAP.
BTW: You can only get this particular bag, in this color, for this price. She offers this bag in other colors as well, but not for this price.
photo courtesy of laurenmirken.com