I bought my wife a handbag for a little less then that.
It was a 1950's black alligator skin by lucille de paris, which was one of the top u.s. makers of exotic skin bags in that era. Since lucille de paris no longer exists, their vintage stuff isn't bid up like a LV or whatever.
The skins are in ridiculous shape. I'd guess a similar bag would cost 3k-8k new.
But you know, go for Coach if that's what you like I guess.
I have no idea about anything with handbags causese I'm a guy, but don't waste money on a another bag. It's such a waste of money spending that much money on a purse. No guy is going to even look at your handbag.
FYI I have no idea what a junior drake even is, and I do not care.
Choose the purse that best suits you. I have 3 coach, 1 chanel, and 1 LV. And I actually didn't buy these myself. They were given to me as a gift. Anyway, you really shouldn't worry about what everyone else is using. If it looks great on you, then it really shouldn't matter what brand it is. Don't get something to "blend" in to the crowd. What would make you stand out is your individuality.