Handbags made with leather each have their own individual characteristics, as no two pieces of leather are alike. There are many different kinds of leather purses as well. Some designers prefer to use lambskin leather for its very soft, and supple feel and excellent look, whereas others may choose to work with cowhide or pigskin leather which possess tougher, more durable properties. As awful as pigskin may sound, it actually makes for a very soft and nice looking leather.
When shopping for a leather bag you dont necessarily think about what kind of leather it is, just as long as its leather. Whatever type of leather the handbag is made with, you know you are getting quality material. For this very reason, leather purses usually cost more than any other material, but just remember that its also going to last longer than any other handbag.
Leather purses can range in price from very reasonable to very expensive. It all depends on the handbag designer and the quality of the leather. Remember though, that when you purchase a leather bag its going to last you a long time. So the extra expense is well worth it!
Carried Away: All About Bags, a lexicon of bags from Hermès Paris has this entry: Sac Seau or bucket bag. A womans carry-all bag, cylindrical or flared, with a stiff base. Usually open, but sometimes closed by a flap with a loop to protect against prying eyes. Inspired by fire buckets, the earliest of which were leather.

Le Perdu, writes for several handbag and fashion related sites including http://falorbags.com and http://www.katebags.com.
Always remember that with a beautiful handbag, you too can rule the world!