Made out of…
..Beaver!! Those little furry creatures are being (ab)used for straps now as well! I ordered my beaver tan strap at TCStraps and received it within a week, including a pre-Vendome Panerai-style buckle and the tubes for the strap. These tubes are probably protectors for the strap.
The strap is made by Camille Fournet in Paris and qualitywise very well crafted!
I never knew Beavers had such a ‘padded’ skin, anyway, I am happy again!