1. The clothes pin in this image is the one i will going to extract from its background because I am going to use this pin in my Scrapbooking freebie. This is my own capture. I used here my 6-megapixel CANON PowerShot A540. I just cropped it making a size of 150 x 291pixels. Open image in Photoshop CS3. This is the Background Layer.


2. Duplicate this by pressing CTRL+J in your keyboard. You can hide now your background layer by clicking its visibility eye beside the thumbnail layer. Click the Pen tool  from the tool palette and choose the Paths from the options toolbar.




3. Start selecting the clothes pin. Click around the object in changing form like curves and straight lines.





4. After you have reached the starting point, close the selection and this will form a path around the object. Then switch now the palette to Paths and click the Load Path as a Selection at the bottom of the Paths palette. This will make a selection. If the selection is not inverted, press CTRL+Shift+I in your keyboard. 




5. Then press Delete and deselect by CTRL+D. This will now be the image.


6. This looks ok but I prefer to retouch it a little bit. Click the Add New Fill or Adjustment layer at the bottom of the layer palette and choose Levels.





..and do the following settings: Click OK when you are done.




7. Let us now see what we have here:

  
                               Before            After

Save the extracted object as .png. You can now add some shadow to this clothes pin and reuse it over and over again to your designs and layouts.

Check this scrapboking layout I have made using this clothes pin: