Abstract: A stamping toy having a pair of self inking stamp pads. The arms are part of a housing assembly including a central drum which is rotatably mounted on a center support post and is biased along with the housing assembly by spring means into an inoperative position. A series of opposed radially spaced depending fingers and upwardly projecting projections are positioned in opposed relationship within the drum. An indexing rod on the post is adapted to cooperate with camming surfaces on the fingers and projections to rotate the arms as the drum is moved from an inoperative to the operative position and back to the inoperative position.