Thanks it's water buffalo. The tether end back braids on a belt loop and drops in your pocket front or back. Need your knife and pull on the tether. The pouch comes out and you use your knife leaving the pouch hanging. All done put your knife back in the pouch and drop it back in your pocket. This deal is pretty common in the western world and is often called a Buckaroo Pouch. Didn't invent it but we do sell a ton of these guys we make them in large batches:
They're kinda handy and very simple to make. Use to use lots of different leathers but did have some problem with tarnish. I test drove this water buffalo with this knife as I'd found that the nickel silver on this particular knife was susceptible to tarnish/corrosion very quickly in the other leathers. I made up one and left it on the bathroom counter, near the shower, for a bout 3 months with this knife in it. No problems, so for some years this water buffalo has been the only leather we use. The tether is an oilman that's not too stretchy. Bert the REdmeadow youngsters could make ya up one to go with that knife!
