Tandy Leather Factory, Inc.

1900 Southeast Loop 820

Fort Worth, Texas  76140

November 23, 2010

VIA EDGAR AND FACSIMILE (703-813-6963)

John Reynolds

Assistant Director

Office of Beverages, Apparel and Health Care Services

United States Securities and Exchange Commission

Division of Corporate Finance

100 F Street, N.E.

Washington, D.C. 20549

Re: Tandy Leather Factory, Inc.

Form 10-K for Fiscal Year Ended December 31, 2009

Filed March 26, 2010

File No. 1-12368

Dear Mr. Reynolds:

This letter addresses the comments of the Staff of the United States Securities and Exchange Commission (the “Commission”) as set forth in a comment letter dated November 10, 2010 (the “Letter of Comment”) regarding the Annual Report on Form 10-K of Tandy Leather Factory, Inc. (the “Company”) filed with the Commission on March 26, 2010.  The Company is preparing a response to the Letter of Comment and hereby requests an extension until December 8, 2010 to file such response.

Very truly yours,

/s/ Jon W. Thompson

Jon W. Thompson

Chief Executive Officer and President