And what is it's intended purpose? The wire clip fastens against the body of the tool, it is aluminum and has a magnet in the tip opposite of the pocket clip. It has 'CRAFTSMAN USA' stamped on it and nothing else.

I imagine it's for picking up screws and other small things you accidentally drop into a narrow spot. I had something similar years ago when I was building racecars, the aluminum shaft is so you can get the magnet down into the area you need to access without it sticking to the metal sides of the area.

In my case, the tool was longer, to grab things like manifold bolts dropped into the engine bay, yours is for tighter, shallower applications.

^^^

https://www.ebay.com/itm/276269893739

I've got one of those somewhere, minus the pocket clip. Nice little pick-up tool.

It's obviously a magnetic pickup tool, but what is the (non-pocket) clip for? Is it to stand the tool at an angle for working on small parts?

Drilling ferrous metal maybe,in sensitive locations.

The debris goes there instead of in the meatloaf

I'm not sure what the extra clip is for, but it's simply a magnetic pickup tool. The body of the tool is aluminum so in case the object is in, for example, the bottom of a hole, and the surrounding metal is also ferrous, the magnet won't stick to everything on the way down.

quote:

Originally posted by kkina:
It's obviously a magnetic pickup tool, but what is the (non-pocket) clip for? Is it to stand the tool at an angle for working on small parts?

I'm curious about this as well, I hope someone can explain it. And thanks for the answers so far.

^It's got to be something like that. But with the magnetic end angled down?

Does it unscrew into two pieces? Looks like there's a joint near the middle.

Handy tool for picking up ferrous items.
I have one with a sharp carbide scribe on the other end.

Back in the early 70's a friend was working on his car and dropped a screw in an area that couldn't be reached with his hand, pulled this tool out a grabbed it. I bought one the following week. Not sure about the extra clip as i have never seen on with that.

On eBay, search "Vintage Craftsman Magnetic Pocket Pick Up Tool". You will see many of them. No idea on the clip, either.

quote:

Originally posted by flesheatingvirus:
On eBay, search "Vintage Craftsman Magnetic Pocket Pick Up Tool". You will see many of them. No idea on the clip, either.

Or look at the second reply to the thread.

My guess is that the extra clip is used to hold it vertically and use it as a stud finder,

A ruler

quote:

Originally posted by cslinger:
A ruler

ROFLMAO!

It's just something you cut off in no time because it's in the way.

Bob

quote:

Originally posted by drabfour:

quote:

Originally posted by flesheatingvirus:
On eBay, search "Vintage Craftsman Magnetic Pocket Pick Up Tool". You will see many of them. No idea on the clip, either.

Or look at the second reply to the thread.

Well SHIT. It was a small post. I missed it.

The swiveling clip is an added feature that may make this more of a specific use tool than a normal magnetic pick up tool. I hope someone will eventually explain it.