Leather punch, but with a blade?

[FireFlowerPower]

it looks like a leather punch to me, but it has a blade instead of a punch. The nob can be used to rotate the blade 90 degrees. It has some writing around the center, but I cant make out what it says.

 

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[relic nut]

I think this goes with your saw blade rack. It's called a saw set. Used to put the set back in the teeth after you sharping it. I have one but its made different

HH, Relic Nut

 

[deepsecrets]

Made by W Schollhorn New Haven CT - believe this is an eyelet setter for leather

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[FireFlowerPower]

So far I cant find any images that look enough like it to tell. While the frame looks like like an eyelet setter, the clap part is very different.

 

[Ole Rusty Rooster]

Looks sort of like leather working tool to punch/cut slits in leather edges for lacing. Can't see the blade very well though, and it looks like the anvil is missing.