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I have one nearly identical that I bought many years ago and I'm certain I didn't pay that much.
The problem with it is that it doesn't deliver enough crushing strength.
I have to start the crimp on the next higher position, then re-crimp on the correct position.
Since I got that one I acquired about ten different ratcheting types.
The problem with them is the dies are not as crisply shaped as my old one.
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