Leather Folding

How can i fix my brand new leather wallet? It’s wet!?

Last night for my birthday I got a very nice Armani Exchange bi-fold leather wallet. I left it in my outer jacket pocket for safe keeping. When I got home from celebrating, I saw that my jacket kind of smelled bad so I left it out on the fire escape to air out. I did not know that it would pour last night. This morning, after seeing that my jacket was soaked and remembering that my wallet was in my pocket, I was sad to find that my brand new wallet was dripping wet. I soaked up the excess puddles with a paper towel and am currently leaving it out to dry. My internal debate is:
1.) whether or not I should wipe down the wallet, because it still seems pretty wet (especially inside the pockets), and
2.) whether I should leave it out to dry opened, closed, upright, lying down, and/or with its stretchy strap wrapped around it.

Have the wallet open and upside down- make sure it keeps its form, if you stuff it it will dry in that shape. We usually but a cool fan on things we wish to dry NO HEAT! If it is a sealed leather there should be no staining and you can easily apply a leather conditioner when you wish- if it is an open pore leather it will hopefully dry evenly in tone but conditioning may have a chance of uneven darkening. You could possibly try putting some conditioner in a little condiment bowl inside a large zip lock baggie and putting the wallet in there and leaving in a sunny window covered with paper towels so the suns rays dont fade it.
Hope this helps
David

FYI – I fell in the swimming pool, much to everyones amusement and soaked everything- cell phone, beautiful natural leather billfold wallet etc etc- I did exactly as I said and it worked great- even the cell worked and that was chlorinated water!

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