The condition is amazing! This bag was likely made in the late 1950s to 1960s. The label reads Walborg, hand beaded Belgium. Walborg was a company founded by Hilde Weinberg in New York City in the late 1940s. She originally worked as a vice president for a cosmetics manufacturing firm and resigned in 1949 to study the handbag business for eighteen months before establishing her company. Walborg Corp. continued under her ownership until 1971.