Two pics, lazily stitched together.
How much? Fiddy-nine bucks, plus shipping. It includes a "rich Angus grain cover."
Now, at the Bureau of Printing and Engraving Store (which, as it happens, is where they get the currency), a sheet of 4 uncut one-dollar bills goes for $15-fiddy (shipping and handling included).
So you're paying upwards of 44 smackers for that rich Angus grain cover (note that the word leather is never actually used).
The Roanoke Times has an article about from last year (I found it by doing a search on "angus grain"): "Money for nothin'? Better read the fine print."
It goes over the essentials -- what they do is simply marketing to stupid people, and their fine print disclaimer ("the world reserve monetary exchange is not affiliated with the united states or any government agency") probably gives them legal cover.
Note that I couldn't find a similar disclaimer on their Web site. I did, however, find this gem of a paragraph on their terms and conditions page:
Any communication besides financial information that you transmit to Universal Syndications, Inc. over the website by electronic mail or otherwise, including any data, questions, comments, suggestions, or the like is, and will be treated, at the discretion of Universal Syndications, Inc., as non-confidential and non-proprietary. Universal Syndications, Inc. may, at its discretion, use this communication or information contained therein for any purpose, including, but not limited to, reproduction, disclosure, transmission, publication, broadcast and posting. Subject to our confidentiality policies, Universal Syndications, Inc. is free to use any ideas, concepts, knowledge, or techniques contained in any communication that you send to the website for any purpose including, but not limited to, developing, manufacturing and marketing products or services using such information.Look, if people want to pay out the nose for this kind of crap (and they will, especially Parade readers -- look at the Franklin Mint, et al.), that's one thing.
But in my opinion, this is a questionable business practice (some might even say, slimy), and in a less-imperfect world, they'd be getting a visit from these folks:
US Treasury Bureau of Engraving and Printing Police SUV