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Punch used to make holes in leather. This punch was possibly used in Newbury, Berkshire.
This leather punch was used to punch holes in leather, by being struck with a mallet. Saddlers' punches tend to have either round, oval or 'crew' (elongated circle) holes, used for different purposes such as buckle holes. This punch was possibly used in Newbury, Berkshire.

punches: metal