A crimping tool is provided for crimping the tubular portion of a turned electrical contact concentrically about the bare end of an electrical conductor, including a tool body having a main first portion, and an integral coplanar second portion extending from the main body portion to define a first lever. A crimping die arrangement includes an annular stamp holder mounted opposite an opening contained in the tool body main first portion, and an annular thrust collar is mounted concentrically about the stamp holder for angular displacement between released and crimping positions, thereby to displace a plurality of stamp members radially of the stamp holder between released an crimping positions The thrust collar is angularly displaced between the released and crimping positions by a toggle link arrangement that connects a second lever both with the tool body main portion and with the thrust collar.