Notice two little tabs, diagonal from each other, on the edges of the treadstarter's sheath; these seem to correspond the the placement of the traditional belt; perhaps it lost one. I haven't noticed this feature on others that have belts, but it is somewhat subtle, especially on a warpy and shrunk-up old sheath, and would be obscured by the belt......with the under the belt wear, these might give your belly a little extra protection from your own dagger by reinforcing the sheath's edges where it is pressed against you.
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