I had one similar. It doesn't compare to this one. The money clip was leather but after a while it pealed back and left the clip sticking out that was steel and left a hole in all my pants pocket where it would stick out.
I purchased this as a present for my husband. He loves it. The only thing is that the clip is a bottle opener and he doesn't drink. The magnet is strong and so far so good. He's satisfied.
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