pinhook

pinhook
 v.— «Pinhooking livestock refers to the illegal practice of buying animals at or near markets before they can be offered for sale in the competitive bidding of the auction ring. The pinhooker persuades the farmer to sell for less than he would get in the ring.» —Salisbury Times (Md.) July 12, 1962. (source: Double-Tongued Dictionary)

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Further reading

If It’s “Ring-Tailed,” It’s Distinctive

The rustic expression ring-tailed tooter applies to someone or something outstanding in some way. The term ring-tailed does most of the work here, inspired by the way a ring-tailed animal is more striking than one without such distinctive markings...