Below is a copy from their web site.
A small treasure chest and a coin purse are displayed. The performer borrows a coin from a spectator and has it marked for later identification. He then asks a spectator to put this coin in the chest, close the lid and place their hand onto the top of the chest. The performer now directs attention to a coin purse which has been in plain sight before the effect even begins. The coin purse is opened and, to everyone’s surprise, inside is the very same, marked coin!

• The coin can be borrowed and marked by the spectator.
• The treasure chest & a coin purse are in full view the entire time.
• The coin vanishes from the chest and reappears INSIDE the purse in a very quick and clean manner.

The effect can be performed with a marked coin, a spectator’s ring, a folded signed card, etc.

The entire set is meticulously handcrafted from the finest Croco embossed animal-friendly synthetic leather. Solid brass plating is used in the hardware and the interior is lined with velvet materials. Each piece perfectly demonstrates the care, attention to detail, and impeccable craftsmanship.

The photo does not do justice to the elegant crocodile texture of these props.

Click here to view attached image.

Dave, this looks and sounds terriffic. How much is it?

http://www.magic-wagon.com/ProductDetail.asp?id=98

I think it's $99.00

I wonder if the borrowed object is actually seen inside and then taken out of the coin purse or is the borrowed object dumped into the performer's hand.

Any sleights needed?

As much as I hate demos, this one probably needs one.

Here is a quote from Magic Wagon in an email they sent me, I hope it helps, I may even buy this , if so I will give a review. From other items I have had or played with, I can trust the statement below.

"It is quite easy to perform the effect described as the chest and a coin purse are both gimmicked. You only need to know how to finger palm the coin. The coin purse is nicely gimmicked in a way that you can load the coin in front of the spectator.
Thanks again for caring and supporting our products!"

OK folks, I will be be sending in my order today, I will keep you posted, Dave

A reasonable price as well, considering the impeccable quality we are used to from these guys.

There is no US distributor at this time, and that may be a good thing as it would keep cost down, and the shipping is very low, under ten bucks,

Dave,

I can't wait to learn more. I love these effects.

Mike

This arrived today, it looks just like the photo, it did not come in a fancy box, there is no DVD, just a single sheet to explain how it works and a very basic routine, and it can be done with a ring too.
In typical "Magic Wagon" style, you don't need a fancy box or DVD; it is so straight forward and easy to do. There really are no sleights and angles or lighting are of no concern. The quality is just as I expected, very High. The basic effect is to borrow a coin, any coin from any country, have it signed, the spec can drop it in the coin purse as you hold it, the you snap it shut and let the spec hold it, then simply pick up the box, hold it in your out stretched hand and allow the spec or anyone to flip up the clasp and remove the coin, that simple. I like using a borrowed ring, no need to have that signed.

Another note, the effect can be done in reverse, the coin goes in to the coin pouch first and appears in the chest, a folded bill or card can also be used, both the chest and pouch can be used alone and/or with other effects.