the item i received had features of the top photo but not painted black.  it has the leather quality of the second photo (not pebbled) thin but still usable.  straps are a different leather(?) with the cheaper chrome painted features.  four pockets (one large) one pouch.  that said i was expecting a replacement for my old swap meet special and that is what i got.  its a good deal as features can be replaced for < $4.00 @ any craft store.  four stars is composite:

quality ***
as described ***
price *****
expectations *****

note - item arrived same day as another item purchased same day with amazon prime. (two days.  ymmv.)