Ideal for day or evening is this swingy black faille cocktail bag with large sized clear lucite clasp and double straps, circa 1940s. 

The Art Deco handbag or purse consists of a softly gathered black rayon faille with thick padding and black silk lining within. 

It also has a square shaped goldplated frame, half moon prystal lucite clasp with carved vertical lines, double straps, and measures approximately 8 inches wide at its widest point by about 6&3/4 inches high from top of clasp to bottom.