The quality of the leather seems pretty nice.  The edges where the leather meets the zippers seems a little rough, but that is ok for the price.  That is the only reason I am giving it a 4 stars.  It is one of the smallest size zipper wallets I could find which wa a good thing as I am using it as a key holder to fit in my back pocket.  So far after 2 days of use it has been comfortable and is doing its job.  It comes with a key ring on the inside but I removed this as it would not make the keys lay flat.  No more having the key clip full of keys on the side of my belt.  Awesome product.