I've used this beige BAPE wallet for a a year and it has held up nicely (except the edges got dyed a little to the colour of my jeans...). The leather is really smooth and the colour is pretty unique.
Now I'm using this one but in "Basalte" (black). It has a coin section with a zipper for some loose change and it also has a clear section to put my U-Pass and sticker photos with the g/f in

. The shape is also quite unique, since the vertical side is taller than the width when closed.
IMO, a wallet is something we carry around and we use everyday, so it has to be somewhat presentable, practical, and has to be of decent quality to withstand wear and tear. It is not something that I will cheap out on.