This is a classic style wallet made by Bio World. It's the usual faux-leather, but this one has a Sonic face emblem (likely metal/enamel of some kind) on the front. The background is just blue rays, but it adds interest. As is usual for them, it comes with a long chain & clip/strap. Notice the "20th Anniversary" symbol on the card. You can find this at Spencers Gifts in 2011, and it should be around 17.99. 

Photo by Static the Hedgehog.