I do not doubt its Bulgarian origin, but I do have misgivings about how old it is. It is probably brand new and has been artificially aged. There is a real cottage industry in Bulgaria now turning out holsters. That is one reason so many mint examples are showing up on eBay. They are taking the hardware from trashed out old holsters and mounting them on new leather and selling them as mint originals. Once they have made a pattern for leather holsters, it would be a simple matter to cut out canvas material and create a "rare" holster. Beware. There are authentic WWI/WWII Bulgarian holsters being sold, but if it looks brand new, chances are it is.
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If it's made after 1918...it's a reproduction
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