Technologically advanced 1970s "R" Chevron Velvet Convertible Envelope Bag

This 1970s Roberta di Camerino convertible bag was made in Italy of green, navy, and dark fuchsia chevron velvet with a black leather lining. It has a 30" gold metal chain strap, "R" logo on the front, and one interior pocket. The bag can be used as a clutch or a shoulder bag. It measures 11" x 5.5" and snaps shut. There's some creasing to the velvet on the front and the leather is a bit stiff from age, but it's otherwise in very good condition.