Three head-to-head comparisons, same categories, wildly different prices: an $1,700 LV briefcase against a Coach backpack under $150. A $2,700 Neverfull against a $450 Coach tote. A $4,450 LV Go-14 against a $395 Coach Tabby. After dissecting all six, the craftsmanship gap was nowhere near the price gap — sometimes Coach came out ahead.

So where does the price difference actually come from? The answer isn't about leather or stitching at all.

Stay leathertained.