Hermès Kelly Flat 35 Rose Dragee Swift, Palladium hardware
Stamp K square.
The Kelly Flat was first introduced during Hermès at Paris Spring 2007. Since have discontinued.
The bag is entirely collapsible. The closure is not the traditional Kelly turnlock closure, rather it is an Etriviere closure. It has to be pull through the strap guides, belt it at the buckle and twist the end on itself. The strap itself could double as a belt and can be looped around the rings for a shoulder strap. Ideal as a travel bag. Prices seem to be higher than the standard regular leather Kellys.