The point just snapped off as I was piercing holes in bookboard. I wasn't doing anything I shouldn't have been doing with it, honest. The store I purchased it at was gracious enough to return it well after the normal return period and I started looking for a replacement online, thanks to store suggestions from my friends at the Bookbinding Etsy Street Team.
Then this interesting item fell into my hands:
How it came in to my hands is a long story with some very sad parts. I'm sure it's an antique. Is it an awl? An icepick? Some other dangerous tool? It works on bookboard, so it's a keeper.