Maybe(I wish that my parents had given me one), but I don't believe so as it is much too heavy(the guard and the handle are solid steel and the weight of the blade is considerable), for a child not to mention that it is extremely sharp. I think the aforementioned characteristics would also make it impractical for a stage prop.
Perhaps it is possible that it was used as an advertising sign for a knifemaker or knife sharping service.
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