This listing is for a 60 inch replacement chain for the API climbing stand. It is an exact replacement for the many API grand slam climbing stands I personally own. The chain is cut from a spool; therefore, you may see grind marks on the last link. The chain is greased to prevent rust and will be shipped in the same condition. Just place the chain in degreaser if you want to remove the grease or just place the chain as it is in a new shrink tube to prevent it from rusting during use. Check out my other listings. I also offer the shrink tubing for this chain. Thanks for considering my item.