Is the coach wristlet real?

Hi all, I saw this on ebay and I think i am going for it. but suddenly it struck me that it might not be an authentic wristlet cos the start bid price was actually US$0.99..can anyone help me verify before i bid it?

The seller has a great feedback rating. A lot of sellers would start their bid at .99 to attract more buyers. I would trust that the wristlet is authentic.

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