The Pleated Purse from ISLY's site. This tutorial/pattern was super easy to follow and could easily be customized to be bigger, deeper, have extra pockets, etc. I would say this is a good intermediate project only because I had to sew darts for the first time. Yikes! As all things sewing, I found out it wasn't as difficult as I thought it would be. A few Google searches and a YouTube video later, I had a pretty good idea of what a dart entailed.
I couldn't figure out the pleated using just the instructions - I've only pleated once before - so I kinda just did my own thing. Turned out fine but not as "triangled" as ISLY's.
Her pattern did not include way to close the purse, and I have a thing about needing my purse closed. So I just included a button-tab sewn on the top. (Got to use my handy-dandy button hole setting on my machine. So underutilized.)
From what I could find, the pattern or website doesn't say I can't sell recreations of ISLY's version, but I won't put these in my Etsy shop until I check with her. If you'd like me to make you one before then (because it was fun to make), we can work something out. I would love to see what this purse looks like using different fabric.
Check out her website even if you don't sew. It's easy on the eyes, and she has LOTS of crafty ideas that don't include machines. :)
Btw, I used Pillow and Maxfield's Pretty Bird fat quarters for this project.