Abstract: A new type of snap-action toy formed from a pair of plate elements is described. A pair of substantially identical plate elements are normally positioned in overlying relation, with corresponding first edges thereof adjacent and parallel. Aligned pairs of transverse grooves or recesses are cut into the plates parallel to their first edges, and a rubber band or other resilient closed ring extends around all the aligned recesses to hold the plates together in the initial overlapped relation. The plates are then subjected to a 360.degree. relative rotation about their respective parallel edges against the restoring force of the elastic band until the plates are again in overlapping relation in the opposite sense, and the plates are held in this position by the player's hand.