I bought this wallet as a gift for my husband in about 2013 or 2014 when it first came out and was being promoted at the Puyallup Fair. He's used it ever since (it's 2020 now). It's lasted longer than any other wallet and is only now starting to show its age with little tears in the materials (from overfilling and sitting on it). Yes, it costs more than usual, but averaged out over its lifespan, you'll still end up paying less. I highly recommend this product.