This felted purse is made in garter stitch in the round. Make the ruffle separately and for extra sparkle, make a crocheted edge with Ironstone only on the edge of the ruffle. There is a buttonhole in the top band and a decorative shank button on the opposite side for closure.
Felting is not an exact science. Your final dimensions may vary slightly.
Finished Felted Dimensions: 18" circumference by 7" high
Yarn: Cascade 220, color 9452 (aqua) 1 skein; and Ironstone "Paris Nights", color 21 (turquoise/silver and gray) 1 skein
Needles: size 10.5 US(6.5 mm) double-pointed needles and 16" circular; size I US(9 mm) crochet hook