Essentially an elastic band with a small leather tongue. This is the bare minimum you can get, although it would be nice if the leather tongue was sewn down the center so the width and length would match the cards exactly - although that's just being picky. I think that's too high a price even with a 25% coupon at the time of purchase. And if the leather tongue were offered in other colors, that would be nice too! Overall a great "wallet" and holds my three cards perfectly.
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