This is a hole punch purchased in 1970. The tray has "45" written on it in pen. It has some stains. Part of the sticker is missing. It is usable. The depth of the hole can be adjusted. For those who understand that it is old. It has a solid feel and is sturdy, making it easy to apply force and punch. The packaging is tattered, but part of it remains, so I will send it together. The photo on the packaging says "open" is an engraving, but the actual item seems to be a sticker. DELUXE ACE 600