Slip joint knives consist of a handle with one or more folding blades. These blades are held in position by a strong "backspring" which biases them towards the open or closed position. Contrast this with the penny knife, which has no locking mechanism other than friction, or locking knives which mechanically locks the blade in position.
The canoe knife is a slip joint knife, and has a handle shaped somewhat like a native American canoe and usually comes with two spear point blades. For the last 20 years, I've collected canoes, and I have a very nice collection. A smaller version of the canoe is called a 'baby butterbean'. I have six nice examples of this pocket knife.
I listed my canoe collection on Cragi's List yesterday, and I'm already having an online conversation with an avid collector in Portland. We'll see what he thinks of my collection.
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