Balenciaga New Hourglass Bag – Large & Small Sizes (Model 3932), Crocodile-Embossed, Crackle-Finished, and Oil-Waxed Calfskin

Brand-new Balenciaga hourglass bag available in large (Model 3932, dimensions: 30 × 18 × 11 cm) and small (25 cm) sizes. Crafted from premium full-grain calf leather featuring three distinctive finishes: crocodile embossing, crackle texture, and oil-waxed treatment. Features sleek all-black chain hardware, sophisticated minimalist design, and luxurious interior with multiple compartments and a zippered front pocket at the opening. Includes authentic serial code. Highly functional, elegant, and on-trend — a must-have for fashion-forward enthusiasts.