This hard-card 3-ring binder is a genuine classic item, from some point in the 1990s. It was probably around the time of Sonic 2, as it has a Sonic & Tails theme for the front and the back. On the front they are shown jumping, with a giant Caterkiller in the background, & the back has them running across a bridge while a Chop-Chop fish jumps out of the water. It looks like Tails sees the fish while Sonic is just looking ahead.