I love being able to tie ties tightly and trim off loose ends. I had an inexpensive version of this tool from a major shipping company, but although it was a little tight on the bandages, the undercut was pointed or excessive and it wore out fairly quickly. When I received this instrument, I tried on some ties, neatly placed it in a drawer along with my tie stash, and played the nautical instrument intensely. I don't use this tool every day so I can't speak to its durability for a while, but its performance is way better than the tool it replaced.
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