Great find and an interesting construction that I've not seen before. I'm curious to see what you come up with in the end!
I lucked into a sterling cantled sporran a few years ago for the princely sum of $32. The sealskin bag was moth eaten, but Donnie at Wyvern Leatherworks rebagged it for me using the hide/wool from an Icelandic sheep.
Keep us posted on the progress of your new sporran and thanks for sharing.
SM
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