You might not remember, but I did have this white tooled leather bag (below) listed in the shop. After it had not sold after a year, I decided to take it and do a make over project that I had been tempted to do for awhile. It got a new paint job!
After wiping of any finish that might prevent the paint from adhering to the leather, I painted it with leather dyes. I just added natural colors to the tooled parts and then put a gloss finish back on the leather. The end result is below. Enjoy!