Hinged Version: I just received my trunk and I am very happy with the quality of it. I would agree with the A+ rating.
I had purchased an older version on ebay that had some wear and tear, but I really wanted a new one with no flaws. So I have the unique opportunity to compare an older version (silver AG metal plate was on the old one) to the new version (black flat paint AG metal plate). The older version had more varnish or gloss to the wood on the outside than the newer version. I actually like the newer version better because it is less shiny, it has more of an oiled look than a shiny one.
Both trunks weigh the same, so it is safe to say that Mattel has not cheapened it with lesser quality wood or hardware.
I think this trunk is the best trunk out of all of the collections, hands down. Another nice feature is the domed top. You can load more than just the doll in the top tray and still close it.
The only other observation I would like to add is that on my new trunk, the leather hinge on the inside needed some stretching for the lid to go far back enough to stay open on its own. Very easy to fix.