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I've always wondered if the strategy is to use them like watch winders and stuff, to appease people asking for discounts. "Sorry sir, I'm not authorised to give cash discounts but I can offer you this strap which is worth £330."
I.e., everyone knows they're not worth that but they pretend to customers that it is.
Regal
Detritus
Jokes aside this is a horrendous reflection on society.
£300 for nylon endorsed webbing. 😁