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New Razor

Hi guys,
Just picked this up off e-bay in the UK for about $25. Have never seen or heard of one before. Mine is the silver one in the bakelite case. The others are the only pics I grabbed off the net. Apparently this is an adjustable razor. Anybody ever seen one or used one before. Any information would be useful. It is a Personna Precision razor (British). Thanks
A Texan in the UK
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