About two years or so. The new one (from “Topstache”, though I’m sure these companies come and go like crazy) was also super-cheap ($23) but has better stitching and construction, so hopefully it will hold up a bit better. I should probably just bite the bullet and order a nice EDC sheath from a quality vendor like Tale of Knives, but lead time on their products tends to be on the order of seven to ten weeks and I needed something immediately.