...or this one ( which seems to be the best of both worlds as it also comes with a slim style cover for the phone itself):
Sorry, what do you mean by "the best of both worlds" in reference to the zippered wallet made by Carri.
To me the two are very different, and likely appeal to different types of people. From my point of view:
Atelier Pall:
slim (probably about 1/2 the thickness of the Carri
old world hand made all leather construction
simple
Carri Zippered Wallet:
thick (twice the thickness of the Atelier Pall)
wider
can accommodate an iPhone with a case
machine sewn with cloth, zipper, leather
To me the Carri looks more like a purse than a wallet. It looks like something you could pick up from Target. The Atelier Pall looks like something than can be made last century.
If you were looking for a wallet/purse that can accommodate an iPhone 5 in the case, then Carri is probably your better choice. But if you are looking to carry a naked iPhone 5, a few cards(3,4,5), a few bills (6,8), like a really slim wallet, hate zippers, like high quality hand made leather crafts, then the Atelier Pall is your choice.
As for me, I can't get past the zipper look let alone the thickness. So the Carri is definitely not for me.