When I saw the price for the first time, I was very tired. Tired because all my rulers, basically all my measuring tools, are Starrett. I have never had any problems with any of their products! I only confirmed my skepticism by the price. That's not what I call money at all, it's what I expect from a company. And for the record, like all my Starrett tools, I bought it from a local machine supplier. (sorry Revane). The old adage says you get what you pay for.