Vintage Beaded Handbag - Silver Sequins with Clear Beads.  Made in Hong Kong by LaRegale.  Metal Handle with clasp closure.  Handle can fold down to be used as a clutch.  Handbag measures 8 1/2 inches wide x 4 1/2 inches high at opening.  With handle extended it measures 9 inches high.  

Inside lining has no rips or fraying.  No beads are missing.  Some minimal staining and wear - see photos.  Nothing that is noticeable at a glance.  Stain in photo #9 is actually hidden by the beads.