I have a lizard wallet (not Hermes) that I've used for 20 years and it's wonderful. VERY durable.
I was thinking of buying some H sandals in python, now I'm not sure from what you've said about the scales peeling
I have a pair of Night in python and even though I don't wear them all the time, so far they still look brand new. I think I've had them for less than a year though, and I never wear them when it's wet out.
On a different note, I have a pair of MB sandals in lizzard and they are the most indestructible leather ever. It still looks brand new after two years! (I think shoes take a lot more abuse than wallet)