This is an authentic JRA-certified crocodile leather clutch bag from THE SOVEREIGN HOUSE (ザ・ソブリンハウス). This bag is from THE SOVEREIGN HOUSE, the highest-end store label once operated by United Arrows. It's a rare item, now difficult to obtain since the store closed in 2021. The JRA certification tag confirms that this product uses genuine crocodile leather (crocodile skin), not embossed leather. 【Rarity of the Large Size】 The large size of 35cm x 35cm requires a significant amount of crocodile leather, making the production cost high. It's a luxurious item that combines practicality and a sense of luxury. 【Product Condition】 《Rank》4 【S】New/Unused 【5】Excellent condition, used a few times 【4】Some signs of use, but in good condition 【3】General condition with some signs of use 【2】Significant signs of use 【1】Junk item/Unusable 【Actual Size】 Width: Approximately 35cm Height: Approximately 35cm (when open) When folded: Approximately 24cm Depth: None (envelope type, large size) 【Material/Specifications】 Made in Japan (MADE IN JAPAN 117) With JRA certification tag