MehereGood question. They're pretty different beasts. Let me see if I can outline some of the differences and similarities:
Faler is a small card case, while the Ashland was a full-on bifold (so, much bigger)
Faler is made of leather from Wickett & Craig, Ashland from Horween (both are nice)
Faler is saddle (hand) stitched, I'm pretty sure Ashland is machine stitched
Faler is unlined, the Ashland has a horsehide interior
Faler is around $30, Ashland is around $60
Both are 100% made in the US out of American materials by great companies.
I'd say it comes down to preference, really.