I agree with Avital - it appears to be some sort of teneriffe form. But I'm mystified about what that metal "thing" is on the handle.
I'm wondering if it isn't some method of securing the little spool to a larger stand. You would press the tangs together, insert the spool onto some sort of rod, and then release the tangs to lock the form in place. Or else it could be a way of attaching the metal disc that fills the centre of the form. It looks like it might come off.
Adele North Vancouver, BC (west coast of Canada)
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