Another Mystery Cutter

A friend picked up a sizable stash of cutters for me at a yard sale over the weekend and this is the only one I cannot identify. It was in the bag with Christmas cutters, so perhaps, maybe, I can see a small Santa with his arm up wearing a Santa hat, but to me it makes what would be his back very bowed. Please help me figure out what this one is. Thanks!

what is this cutter

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