This is a possessive use of 's. It means: Paul makes a silver collar for a squirrel. One easy way to see if the use is a contraction or a possessive is to expand the <'s> to see if it makes sense.
New words, one handy idiom, and a 2-minute quiz — delivered to your inbox to keep your streak alive.
Toms MathewOr it can be..'Paul makes silver collar of a squirrel'Sorry, I don't quite follow you.
Doctor DLet's use a little common sense here. Paul cannot make a silver collar of a squirrel. He can make a fur collar out of a squirrel, but not a silver one.
If you are making a furry squirrel collar (and the squirrel is silver-furred), you could say:
Paul makes a silver squirrel collar.
I just had an image of going f