I should say up front that I am a fan of Stillwater. Their products give you good value for the money.

Having said that, low cost and good and leather may not go together here.

Questions arise:

Is this going to be a sporran that you wear everyday, and will get hard use?

What is your definition of low cost?

How many things do you want to carry around?

Casual or dressy?

Dressy or formal?

$55.00 for a Buz Kidder is a pretty good price for a quality product. But it is a basic leather pouch.

$25.00 is a good price for probably the best casual sporran available today - regardless of price!

I know of no low cost quality formal sporran.

If you are going to be using the sporran on a daily or frequent basis, save up your money for a Freedlander or Thorfinn sporran. They will serve for all but the most formal of times.