I don’t know if I’ve ever heard or read so much buzz over a wallet; the gentlemen at Proenza Schouler sure do know how to work the fashion hype machine for maximum effect. On Friday came an exclusive tidbit via Vogue.com that Jack and Lazaro would be releasing a new wallet on the company’s website Monday, along with a single stock photo and conspicuously lacking price information to make us all salivate over the weekend. It certainly worked on me; as whispers and excitement spread across the fashion internet after the initial announcement, my impatience grew. I couldn’t wait to see all the colors or find out how much I would need to dish out to get one.

The PS1 Continental Wallet is like the older sister to Proenza’s original wallet, which was more like a billfold because of its single interior compartment. This one, though, is a full-fledged iteration with compartments for coins and cards as well as your standard cash slot. The first run will come in five colors, all of which you can see after the jump, and retail for $585 via ProenzaSchouler.com.

Photos courtesy of Proenza Schouler.

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Share Your Thoughts With Us

  • nappy

    i love the dark cobalt blue! my god…. i want it., i need it. i have to have it!

  • alice

    Horrible. No style, no line, no fashion. I cannot understand why PS bags are on the market. They think to be still at College…always the same old model…repeated and repeated

  • Britty

    I think the wallets are pretty but I’d much rather have the bag!

  • AshleyG

    I.Am.Drooling!!! I love Love LOVE the rich colors, the luscious leather!!! OMG!!! There’s only 2 things I love more than purses- WALLETs and *whispers* loafers… lol!

  • Maggie

    That green one is just sooo pretty!!

  • Kat

    The kelly green is a gorgeous color, but I prefer my wallets to be simpler. I know those straps are what set the wallet apart, but I find them to be superfluous. I’m also worried about the wear and tear on those, since they don’t even go through all the way down the back of the wallet and the stitching doesn’t look particularly durable.


    • suz

      I agree about the straps…..for a wallet?…really? All I can see is them getting dirty and curled up and being inconvenient within a larger bag. It’s a stunning design, but just seems so impractical..

    • kelly

      couldn’t agree more. imagine what they will look like after a few months of sitting in the bottom of your handbag.

  • Jerome

    The wallet remains simple enough to be functional, but designed well so that it can remain prominent when used as a clutch.

    I am glad that Jack and Lazaro will never put the PS1 on the runway. It would date it. The PS1’s desirability is a testament to the design because it never has the press of fashion week. The reason why the PS1 is so coveted is not a secret, but instead a winning combination: high design + high quality = classic

    Worth every penny. I need the smoke to match my PS1!

    – jerome


  • rachael

    I love the PS 1 and I actually ordered the original wallet on Friday before I heard the continental wallet would be available… at first i was so disappointed that i didn’t wait until the continental came out, but the more I look at it, the less i like it… the original wallet looks more chic and effortless, this looks almost like it’s trying too hard to look like the bag instead of being a wallet… it looks a little bulky, and the price is another turn off… one of the best parts about the original “billfold” wallet is the under $200 price tag. if i’m looking at spending around $600, I may as well wait a while and just get the bag!

  • Sue

    I love everything about it except for that horrible snap – I wish they’d kept it hidden – such a detraction/distraction – uck!

  • Seejayluvsbags

    I love the colors! But then again, I do love Proenza…

  • rose60610

    There is too much clutter on this wallet for me. It seems it would take up way too much space in my purses. As a stand alone clutch, it’d be ok.

  • Lynda

    The wallets are simply cute! I’m loving the color variety.

  • louch

    Very nice!! Would love the blue…

  • 19yearslater

    I’ve never spent anywhere close to that kind of money on a wallet, but oh my gosh it’s gorgeous!

  • Kimberley

    $600 is better spent on a Hermes or Celine wallet. I love the PS1 and PS11 bag, but these wallets are very average. Not fashion forward, way too bulky (NO ONE wears a wallet as a clutch these days), those straps have no function and would curl. PS should have released a wallet have the size, something we would love to carry.

  • Mochababe73

    Not a fan of the Proenza Schouler handbags. Well, except for the purple suede that Leighton Meester has.
    This is too big and bulky to be a wallet, but I don’t carry a wallet this big. For me it’s more like a clutch, and I couldn’t fathom spending that kind of money on a wallet. I don’t care about one that much.

  • Bea

    I think it’s super cute, but I’d rather save up for a medium PS1, 3x the bag for 2x the money.

  • goldchanel

    Love the green colour.

    But I’m worried about the straps curling over time!

  • eorchid

    LOVE THESE! I originally wanted a PS wallet, but the billfold one left me waiting for something functional. This one is great, but the price tag is a bit steep. I was hoping they’d come in at the $400 mark or so.

  • Cathy Fitz

    The straps on the wallet I know are part of the style. But in practical use, I’m sure they’ll be curled up from being put into a purse. In fact, looking at the pictures, the straps look as if they’re all curling up already.

  • guest

    No and no. The original pochette is definitely superior in design and easier on the wallet. This one looks uncouth and clumsy, especially that odd-looking silver snap.


    i prefer the ps1 bag first and foremost (even if it is just a glorified school satchel) but something is off about the design of these wallets for me. i have to say, however, that that dark blue color and the gray-ish color are friggin’ gorgeous though! i agree with the commenters above about the straps getting all curly (yuck) and that snap is terribly distracting.

  • mulberrytea

    I agree with the concerns about the straps curling. I have a MBMJ wallet with a strap in the middle, and after about a month it started to bend funny. Now I have to be extra careful about putting it in my bag.

    I think you would have to be careful with this wallet to minimize that problem…