Vintage 1960's Garay Purse Bag Clutch

Chic, elegant black cloth Garay bag looks like taffeta. The handle can be folded inside to convert the bag into a clutch. Gold tone clasp and detail on the handle. Inside is black with a zippered pocket. You can see indentations in the pics due to it being stored flat and the inside seams left a mark. These are NOT holes. Bag is rigid. 10.5" x 6.25" x 1"