We don't do appraisals here, but that sure doesn't look like an $85 strop to me. Then again, a lot of the cheap strops on eBay are crap. Make sure you avoid anything from Zeepk for one. Basically, I'd return the strop you bought and then do some reading in the strop section of the forum. You're sure to learn about lots of other options, and if you are willing to spend $85, then you've got lots of options.