These don't do anything.
They are a result of changing the price so a more reasonable price was displayed by the lens.
Again, it doesn't matter if you meet the level req for a bag.
All level reqs do is keep you from equiping an item that you do not meet the requirement for. As you have no need to equip a bag, they don't mean anything.
So, the only thing you can't do with a bag with a level req you don't meet is wear it on your head.
-TV