So I'm getting a Mercator K55K Cat Knife because my current workhorse knife is seeing the end of it's life. Unfortunately it doesn't have a clip like I like my knives to have, but I was playing around with a friend's and its exactly what I need (minus the belt clip and thumb stud) so I'll make those compromises.

Now most of the time I'm fine with having it in a pocket, but I would like to get a sheath for it. Something low profile, easy to access and with a belt loop. I know a lot of guys here like knives too so I figured there'd be some experts. Any ideas? Oh and price I'd like to keep ~$10, preferably less, though I guess if its real nice I could spend more.

Thanks!