I think it works exactly as pictured and claimed. Not sure why some thought it would face up when the picture shows the stamps on the big flat side. I find particularly small stamps (e.g. small labels, flower stamps, bird stamps, etc.) so practical that I immediately buy a second one. The magnet is very strong and I agree that it would be even better if the whole thing was magnetized. Also can be used to hold pins, keys, safety pins, etc. I also use it to keep a lapel pin handy to remove glue or poke holes if they get clogged! No more hunting for that little needle!
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