OHMYGOSH!! Stampin' Up! has the Cogs Double Punch #118873 on the retiring accessories list at a 25% discount. You can order this punch online for only $13.46! I recommend ordering any retired accessories online as you will know right away whether it is sold out yet or not. The Jumbo Eyelets and 12 x 12 Craft Keepers are gone already.
Here is a card I made using the Cogs Double Punch and The Open Sea stamp set for Stampin' Up!'s 2011 Summer Mini Catalog.
To check out all the retiring accessories click on the picture link in the right hand column above.