A Master Combination Lock emerged in locked condition from a box o’ stuff I handled during Mad Phil’s Great Cleanout. It’s not the highest security lock you’ll ever meet; about 15 minutes of fiddling produces the desired result:

A bit of searching suggests it’s similar to the Master No. 1523D Combination Padlock, although this one came in pink. The doc describes how to change the combination:
- Unlock (or crack) the lock
- Pull off the spring-loaded endcap (I had to pry with a screwdriver)
- Slide off the combination wheels
- Reinstall in desired orientation
After removing the cap and wheels, it looks like this:

Each wheel fits onto a rotating metal disk and engages three teeth, one of which has a notch. Align all four notches with the Master logo / index line and the lock opens:

Given just that picture, I think you can figure out how to get past one of these in a hurry. Right?