Aftershock51

I am new to leatherworking and I want to make unique wallets. I don't want to use veg tan because none of the dyes come close to the colors I want. Is upholstery leather good for making wallets? I am looking at buying this leather in particular: http://springfieldleather.com/41117/Hide%2CUC%2CWaxy%2CCobalt/ Also, is upholstery leather actually made of real leather? It looks very...artificial. I need the wallets to be durable and not look cheap & plastic-y. Thanks