Good as long as it's supposed to hold something very light with a magnet, like a piece of paper. The clip can be stored on a magnet in the refrigerator as long as nothing else is attached with a clip larger than 1 oz max. The rest of the clip seems well done. The rubber/silicone grip grips objects well. The clip spring is strong enough for a bag of chips or a plastic bag. I use a clip by hanging the clip over the hole in the handle. That works great.
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