I have the option to get a similar cabinet for free as well - our offices downsizing and they didn't have any place to put it, combined with the thing weight a metric sh!t ton, they just didn't want to deal with it and asked if I wanted it.
Yeah, I want it, but I don't have any place to put it! Plus, they really didn't think it through. I went in and sorted out the **** in it that could be tossed and found about half the drawers were left empty. They could easily fit an entire storage shelf of small parts in the cabinet and save room over-all vs. trying to find a place for the stuff remaining in the cabinet.
In the end. Told them I would just put it in my cubical if they'd take the coat rack someplace else. It's almost like I got it for myself....
<edit>
I was wondering what it was for originally - looked like some kind of cards but all I could think of was library cards. Thanks for the note on punch cards.