The folded card ends up in a zippered compartment and the gimmicking is well hidden and looks perfectly natural from the outside. The card can be folded in the classic "Mercury" manner, or any other fold that you prefer. The loading, which requires palming, looks clean.
When performing the trick, you can have the wallet in your back pocket or even have it resting on the table. This will also work from the inside jacket pocket, but there's no reason for all of the cover. One positive aspect, you can show your hand completely empty as you reach into your jacket to retrieve the wallet.
Personally, I prefer not to use my gimmicked wallet as an everyday wallet because I want it to look good. I've seen magicians take cards out of faded, sweat-stained wallets, and I think this makes a negative impression.
The price is about what you would expect to pay for a gimmicked wallet. Invest in such a wallet, and you can always perform the effect.
-Wayne N. Kawamoto
MSRP: (US) $60
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Dealers can purchase from Murphy's Magic Supplies, Inc.