I was so inspired with all the purse making that I decided to try and glue a scrap piece of cut velvet (polyester) onto a purse. The purse I choose was a vintage '40's tan lizard bag that had some discoloration on the leather. It was otherwise sturdy and in good shape - no dry rot. If you are going to try this yourself, make sure the leather connected to the metal around the handles is in good shape. I like the handles to be in good shape and the insides to be like new before I send money on a vintage bag.
To give this bag new life, I applied an even coat of Golden acrylic gel medium to the side of the purse and fitted a piece of the cut velvet material to it. I cut the fabric long enough to extend into the sides a bit and then finished each side (after it is thoroughly dry - 24 hours at least) with double-sided tape (Terrifically Tacky Tape) and aubergine velvet ribbon that is tightly fitted across top of the bag, down that side and across the bottom and up that side. I also used the velvet ribbon to cover the little metal design feature at the top of the bag. The result is a brand new pocketbook! Knowing that this type of fabric works so well opens up a lot of possibilities for more purses.
I was carrying this bag this week and someone remarked that I had a new purse and "I wasn't carrying one of own bags". They were surprised to learn how I "remodeled" this one.