Sealed, plastic has a few areas of stretch as shown in pictures

The Smith & Wesson 150th Anniversary Golden Issue Knife in Case is a special and collectible pocketknife made by the renowned brand Smith & Wesson. This knife features a stainless steel blade with a drop point type, serrated edge, and a lockback mechanism for safety. The handle is made of aluminum and the knife is ambidextrous, making it suitable for everyday carry. This limited edition knife celebrates the 150th anniversary of Smith & Wesson and comes in its original sealed case, making it a desirable item for collectors and enthusiasts.