i got this item from a house that was being cleaned out and being ready for sale in late 70's or early 80's. the house was said to be an underground railroad during the civil war. have never been able to identify this thing and have shown it to many antique experts. i keep thinking it is some kind of tool. the center looks like a leather wrap of some kind and appears to have a removable part but i have never been able to take it apart. it has always bugged me what it is. nice conversation piece.