This isn’t your ordinary wallet. In fact, this isn’t your ordinary effect; it’s a complete five-minute routine all centered around this beautiful leather wallet and a ring borrowed from an audience member.
A ring is borrowed from a spectator, and the performer introduces a velour cord to which he threads the ring. Very fairly, the ring is seen to visibly penetrate off the cord. The performer offers to repeat the effect, only this time, the ring has vanished off the cord completely! Where did it go? Even the performer is perplexed.
Feeling bad for losing the ring, the magician is prepared. Taking out his wallet, he offers it to the spectator. “Just kidding. Do you accept plastic instead?” he asks. Opening the wallet, the audience and spectator laugh when they see a $200.00 laminated bill. “How about a check?” The performer takes out a check which is stamped with the words “Insufficient Funds!”
After the laughter subsides, the performer calls all attention on the check. It instantly and visibly turns into a genuine $1.00 bill. “Well, we’re on the right track,” the performer states nervously. “Besides, you can buy a lot for a dollar these days! Remember those 10-10-220 ads?”
The performer now asks the spectator to undo his zipper. “The zipper of the wallet, I mean,” he states. The spectator does so, and inside the zippered portion of the wallet is a sealed envelope. The envelope is removed, torn open, and the borrowed ring is seen to tumble out, undamaged, right into the spectator’s waiting hands!