Which would you rather have? Are you limited by a budget? For the price of those two items, you could save a little bit more and buy a PST ($1600). However, if you want a classic flap, that'll take a lot more time to save. It also depends on how much use you think you'll get out of them. I personally don't have the belt, but for that price, I'd be using it only during select occasions b/c I'd hate to ruin it so quickly. Also if you're going to buy a patent leather wallet, go for a dark color b/c the light colors tend to get a lot of color transfer.