At the time I bought this, I needed a coin purse because I kept ending up with lots of change rattling around in the bottom of my purse and then did the "little old lady who drives you nuts in line" thing where I dug around looking for exact change and others waited while I did so. It is a nuisance. I have been behind that same little old lady several times myself in various lines. So I decided to get a nice little change purse so exact change would be right at hand. Wow. I looked on Amazon and some of those little purses are a mite expensive. But this brand was quite a bargain, so I gave it a whirl. In fact, I bought two of them, one in green and one in gold. Sadly, the gold one was lost, but the green one remains in use today. The "springs" or whatever it is exactly that keep the purse opening seem as strong today as they did in 2008. The color and smoothness of the leather are like new. I have given up the OCD trait of exact change and now use the holder for my credit cards. They fit in perfectly. It has been a great and worthwhile buy!