Vintage, also called antique, fishing tackle is a hot collector’s item these days. The saltwater lures (plugs) are eagerly sought after, especially in excellent to mint condition. I prefer those that show their age and the effects of battles waged with fierce fighting fish.
This wooden lure is called the Striper X Pert Flaptail. They were made by the Pt. Jude Baits in the 1940’s. The company was located in Rhode Island. More information can be read at http://www.shorelinebt.com/id10.html