"You've got a really cool Michigan made fishing lure known as the Twirling Twirp. This wooden bait was manufactured and sold by Watt Tackle Co. of Detroit, Michigan in the late 1940s. Designed to spin in the water, it has four hooks--three single hooks attached to the body between each blade and a trailing treble--and was made in two sizes (2.75" and 3") and in at least three colors. These lures do not come up very often at all, especially in the box like you have, so I believe your combination would be worth $50-$75. It's a great miscellaneous Michigan lure."