Looks like an early Fire Wobbler
(Fiery Fox Lure Co.). Is it abalone mother of pearl? I think that red dot was their trademark.

If so, I believe they sold those as a musky spoon, but my grandfather used them on silvers out of Neah Bay. My brothers and I got some from his old tacklebox when he passed away. Not sure if he ever caught or landed anything with them. That was before our time on the water.
I'd bet that every single item in his old wooden tackle box was purchased at Seamart in Olympia

The man absolutely loved that place! As someone mentioned in an earlier thread - I can still smell the popcorn!
