I have found my next project. I was searching Esty for a clutch. My brother in law is getting married next month. I know what I am wearing but I don't want to carry a big bag around all day. Plus it's fun to have unique pieces in your wardrobe. I love this one.
However the seller has it listed at $75. I seriously think it is overpriced! I found others that were priced around $35. I kept looking at the material used to make these purses, (listed on the sellers page) it always said purse frame plus some other stuff. So I searched yahoo for purse frame and came across these two websites:

This blogger named Lisa tells you how to make a purse with written instructions and pictures.
http://u-handbag.typepad.com/uhandblog/2006/12/purse_frames_de.html

This website sells materials to make the purses.
http://www.sunbeltfashion.com/default.aspx