This is a cast iron tobacco plug cutter. This was used in stores to cut chewing tobacco plugs by the inch for customers. See photo for the 1 inch line. It is black with red and gold trim. It is marked Perfection. There is some normal wear rust on the blade. Cutter measures 12 1/2 inches long, 3 inches wide and 6 1/2 inches tall.
Vintage Collectibles and Primitive Antiques