I dabble in leatherworking and hat making, and crossed paths with a BF Cummins Initial Perforating Machine so I picked it up on a whim.
This tool is a genuine antique from the late 1890s, when everyone wore hats and checked their hats at various venues so every hats store had a punch to add the customers initials to the leather sweatbands of their hats.
I briefly considered making and selling leather sweatbands on etsy or such and offering custom initialed sweatbands but I don't have a reeding and ribbon guide nor an industrial sewing machine to put them on so I thought I'd see if anyone may be interested in such a tool.