Better than the much more expensive ones I've bought my husband in the past. After losing the same type twice, I chose the cheaper one. So much so that yesterday I ordered two more sets as Christmas gifts. The little cloth pouch they come in is pretty tacky, but you can take it off and put it in a gift box and it will be great. The texture is beautiful. No, it doesn't feel like premium leather, but it's definitely ok. Husband loves the one for him. He says the magnet is much stronger than the first more expensive one I originally bought. I'm so glad I ordered and can only recommend it.
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