While browsing through an antique market on the weekend I discovered a sporran in a box along with various bric-a-brac. The sporran is a dress L&M 500, medium gray fur (not soft enough for seal - possibly doctored-up cow), red leather highlight under the cantle, 3 tassels, with chain strap, all in excellent condition. The good news is I got this item for $25 CDN. I don't think the gentleman selling this item really knew what he had. I suspect he saw this as a "furry purse".
I'll post a pic once I figure out how to attach it to a post.