This hammer looks pretty similar to a hammer owned by a fencer I used to know. He had it made by the local smith --- this was 1950's, when we still had smiths in country towns.
He put up rural fencing, the spike end was used like a carpenters center punch, ie, to provide a location hole for a nail to be driven or drilled.
The fencer put up rural fencing using Australian hardwood bush timber, he was driving relatively large steel spikes.
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