This tethered/tasseled tee has a magnet on one end, so the golfer could just touch their club to the magnet and thereby pick up the tee off the ground. The Magnatee "Obviates Stooping" the box states, along with 'Saves Golfers Time & Pegs."  Everything sounds great, but this tee never caught on because of one giant practical consideration.  Drivers and other wood-head clubs either did not have a soleplate, or the soleplate was made from aluminum or brass, neither of which is magnetic.  So, in short, the magnatee only worked with irons.  Nobody wanted to spend money for a tee that would work on only 4 or so holes out of 18. Yup, this is a rare tee...