It's a pouch of some kind. For what, I don't know? It is in very good condition, and is nicely maker marked with a stylish "LK". It is also dated 1940, and has a nice "eagle/WaA195" on it. Inside is has a pad on the top of the closure cover. It has a buckly type closure strap (like a luger holster), and there are some ink stamps inside from the leather maker.
Would like to know what this is for? and value?
Thanks!
Matt