It's an owl bag! I got a sweater to give to Gabby when I went to New Jersey, but then I wanted to give Kevin, her boyfriend, a gift too. I started making him a shirt, but I decided it was weird to give him something I made and her something I bought (as well as another reason not to give her the sweater...a secret reason) so I made her a little owly bag.
When it's closed you see this cute lil owl guy:
And when you flip open the cover the owl is sleeping: