In the early part of the 20th century jewelry stores offered purses as well as jewelry for sale. Hard to find signed in the frame purses from Tiffany & Company have always been prized possessions. I feel very fortunate to have two.
Zoom in and look at the fringe of the larger purse. There is a special twist and a distinct end on the bead strands. This is often characteristic of these high end purses.
I have included close up pictures (open image and use zoom feature) to show the beads per inch, the shattered interior, and the reverse of the beaded front. The shredded lining is common to purses of this vintages because of the fabric additives used at the time
The inside view also shows the interior beaded construction. The 'Bead Knitting' used here creates close together beads, much like a beaded fabric. No beads shows from the back, and stitches don't show from the front. To learn more about beading might want to see a site www.baglady.com, a source of excellent information.