It's probably a hoof nipper, or something like that. I think it would take a lot of doing to make it something other than your big honkin' pair of nippers that can go through a fence nail.
HELMUT
------------------ Help! Help! I'm being repressed!!
It is most definitely a hoof nipper. This is one of the best ways out there to trim a horse's hoofs. Anyone who has ever used a normal end-nipper style hoof nipper know what a pain it could be - this makes your life much easier.
if the 'anvil' part of the cutting tool was ground out or modefied to hold something with a die or groove, and sharp/blade part was dulled, it could make flutes.. but it's throat isn't nearly deep enough for it to be used on much except fluting near the edges of a plate