I went out and pulled the pack off the shelf this afternoon to shoot some pics and found out that I had not given correct information regarding its size and condition:
(1) The pack is actually a woman's small
(2) There is a small 1" tear under bottom of the pack, in the rugged rubberized material.
Apparently my wife told me it was a small and about the tear. That's why she only wants to sell the pack (which otherwise looks new) for $50. Apparently I need to listen better.