Firstly let me just say I used to appreciate leather wallets, and at one time I had a wallet that I fortunate enough to purchase on a family vacation in Sicily, Italy. After about 3 years it started to fall apart.
My mom got this for me a different version of this inner tube wallet for my high school graduation nearly 10 years ago. It has the reflective color at the fold of the wallet instead, and has aged beautifully. Anyways, a tiny hole at the corner fold of the wallet has finally appeared. I don't want to replace it just yet, but I'm buying another just in case because I cannot live without this wallet!