New does have some very small pin holes. Please see pictures

This Dooney & Bourke Sky Blue & Brown Pebble Leather Wristlet Coin Purse is a stylish and versatile accessory for women. Made of high-quality leather with a pebbled finish, this small rectangular purse features a zip closure and a brown wrist strap handle. The sky blue exterior color and gold hardware accents add a touch of luxury to the design. Perfect for carrying coins, small items, or as a wristlet for added convenience, this purse is a must-have for any fashion-forward woman looking for a designer piece.