Very interesting composition. I love the way you have the seam of the article of subject. Lighting really gives a great sense of the texture of the leather. The highlights and shadows captured really make this shot what it is. Not going too shallow of a DOF would improve this a bit. "9"
Whilst there is some sense of texture, I get no real sense of contrast from this - it looks simply underlit, or exposed, although I'm sure your white points are indeed white.
I do like how this is presented and how it goes with the title. Good ilghting of the leather. Not something I'd personally frame and hang, but well done methinks.