Abstract: An apparatus and method for manufacturing leather coin pouches. The method provides for wetting a leather assembly comprising a substantially flat, flexible leather cover laminated to a substantially flat, more rigid centerpiece, to soften the leather which facilitates the eventual forming of the leather. The method further comprises creasing the leather in a creasing die. After a preforming step designed to foldedly bias the leather assembly toward forming as desired, the leather assembly is formed into a foldedly raised leather assembly with an overlapping flap spiral closure. Finally, while its formed shape is retained, the leather assembly is dried.