This is also called the parent-and-child clasp coin purse, as it has a small clasp inside as well
These are called “Oyako Gamaguchi (parent-child coin purse)” because there is a small purse frame inside the main purse frame, which opens up to 180 degrees. The leather is tucked in to create a soft bulge, giving it a deceptively large capacity. The vivid colors of the cow hide provides a fun touch.