It's hard to tell b/c I can't zoom in on the picture, but from the bottom stitching I'd say it looks pretty good. Can you get any more closeups? Or PM me the eBay seller (if on eBay) and I can check it out. Don't worry, I won't steal if from ya.
I looked on Coach.com and didn't see the one you posted, but that just could mean it's last year's model.
Now, this one is a fake:
http://i1.iofferphoto.com/img/item/2...6/P1010095.JPG