Long wood handle with long iron rod attached to end. Triangular blade at end of rod. According to Skip Brack at the Liberty Tool Museum, this tool was used by a cobbler to clip the ends from wooden pegs in shoes.
“Cobbler's Peg Cutter,” Mount Desert Island Historical Society, accessed December 26, 2024, https://mdihs.digitalarchive.us/items/show/11809.Item 12175