Purse:  medium size, one large compartment with a zipper pocket on each side, full flap closure with zipper at top of large compartment.  Hardware can be a snap button, outside gator only. 
Wallet: Mens checkbook style or trifold, outside gator only. 
I hide isn't tanned, so it can be tanned for this purpose.  It will be natural thickness.  I will probably send it to American Tanning in Georgia I think. 
I am open to ideas on making this easier and cheaper. 
I tried to respond a couple times this weekend on my phone and it didn't work.  Sorry for the delay.