Purchased from American Button Machines. Excellent machine in very good condition. This is a MUCH better button machine than the plastic ones you can find cheap. All metal design, long lasting and works great.  Very easily makes 1.5" buttons and many other accessories. Machine is $274.95 new. 

This cutter is hand held making it very easy to center and cut your designs. It is no longer made but was $74.95 when it was available. 

Supplies can be purchased from American button machines. You get the machine and cutter for one price!

From the American Button Machine site: 

What makes our button machines so great?

• Cushioned hand grip
• All metal construction  
• Industry Standard Size
• "Zero scrap loss" engineering
• Swivel die set increases speed
• No changing of dies between steps
• Made in America with American steel
• Super fast two-step button making process
• "Swivel die stop" ensures upper and lower die alignment
• Compact, lightweight machine for easy storage and transport
• Positive full stroke button press verification (No half-made buttons)
• Cam-on-roller design requires very little physical force to operate

1.50" Dynamo Hand-Held Punch Cutter

Used to punch graphics for 1.50" buttons. All metal construction. Compact and light weight. Entire circumference punched at once. Clear top-down visual centering. Requires very little physical force to operate. Move from graphic to graphic with speed and ease. Final graphic cutting size 1.837" round.