First Rate Quality. I purchased this to put my grandson’s graduation picture in and give to his parents for a gift this Christmas. It came today and I was blown away with how beautiful it is. I love the shape of the mat and I was very impressed with how it is made to accommodate the tassel. It far exceeds the one I bought earlier this year for myself and if I had seen this one then, I would have bought it instead. I highly recommend it. It is worth the money.