Here's a different variation I just bought on this design. The hangers above could be worn in a vertical configuration by snaping the leather loop around the grip, OR putting the leather loop through the hanger ring to carry at a 45 degree angle.
This one has a cut out for the leather loop to go around the upper scabbard fitting through the larger ring and the the cut out allows the small ring to poke through. There is no 45 degree angle option