Exactly as described. We use it at our dealership for weekly draws. We print names on business card sized sheets of paper. It's just the right size and rotates easily. The only thing I would like to point out is that our slips of paper kept flying out of the hole at the top. I am assuming this is a slot intended for visitors to enter their posts. We don't use it that way, but I'm sure some people do, so I see why it's here. We just covered it with tape. The problem is solved. This product is reasonably priced, well made and works exactly as I hoped it would.
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