What's it

snoopdog

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Has me stumped, some kind of offset, drill holder?
 

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Maybe not it's intended use but , I made these for smallerish boring bars . You can rotate this cam holder to bring the bars onto centerline and lock it up . It's a very useful tool when using small bars in a larger holder .
 
It was in one of the drawers of my drill sharpener, of course that means anything , but maybe a clue.
 
I have a slitting saw holder from the same outfit which is a quality piece , so I think you have something here . :encourage:
 
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