Monogram Eclipse is Vuitton's gray-on-black treatment of its oldest print, and on the Victor Wallet it produces something close to stealth. The piece measures 4.5 by 4 by 1 inches, compact-wallet scale: cards, folded notes and a key, carried in a jacket pocket rather than in a bag. Eclipse canvas was developed for the men's line and it changed how the Monogram reads, muting a pattern that had spent a century announcing itself. A wallet is where a house's finishing shows most plainly, since there is no silhouette to distract from stitch lines and edge work. Small leather goods are the most-used objects anyone buys at auction, and they tend to outlast the bags they were bought to sit inside.Maison de Beaubigonne authenticity guaranteed.

Exterior: minor creases | Hardware: minor scratches