It's a beautiful item as it's unused. m(._.)m This appears to be a model that was once very popular, called a "system binder" or "binder pouch"! TANKER SYSTEM BINDER The TANKER series underwent a major renewal in 2024 (PX conversion and material changes), resulting in a general price increase. Therefore, it seems that the system binders of the old model in good condition are said to be worth more than their original retail price! The material is soft polyester with a PVC coating on the back, making it water-repellent. It features ample storage and high functionality. - Brand: PORTER - Color: Black - Material: Nylon - Function: Ring Binder - Number of Pockets: Multiple card pockets and a zipper pocket Thank you for viewing.