In order to get an idea as to the functionality of a wire stripper, make sure to read some online user reviews before purchase. Tough and durable construction Rubber grip and ergonomic handle make for spectacular handling Reasonably priced Capable of stripping, cutting, and crimping Easy to use. About Magnet Wire Magnet wire has relatively thin enamel coating so it is also called Wire strip guide wire"and it is frequently used to make electromagnets, solenoids or electrical motors. Made out of hardened stainless steel, this wire stripper is built to last and is covered by a 3-year replacement warranty. The American Wire Gauge system actually measures the total cross-sectional area Wire strip guide the metal in a wire.