An SA Dagger Hanger by F.W. Assmann & Söhne

Silvered metal hardware is magnetic, consisting of an adjustable oval buckle on the 14 mm wide leather strap, the strap with a leather slider and attached to a functioning clip at the far end, maker marked "M5/8 (F.W. Assmann & Söhne, Lüdenscheid) on the reverse of the clip, measuring 97 mm in length, light crazing evident in the leather, scattered silvering wear on the buckle, very fine.