This box is ok if you're looking for a quick storage fix on a budget. The "lock" is a magnetic catch, there is no storage wallet. The box received is branded "Mele & co." not Leathersmiths (not sure if there is a connection) but it does the job - the clearance between cushion and lid is good but the cushions aren't a snug fit, which means they move around when watches are in place. As with other reviewers, the leather has a plastic feel. I opted for the five watch option as a test - I won't buy another.