$62 Antique Dubrul Cigar Holder.
http://www.ebay.com/itm/Antique-Dubr...-/282418085383
it's a Bundling Rack
From the time a bunch (half-finished cigar waiting for wrapper leaf) first comes out of the mould until the finished smoke rests in a cigar box waiting for shipment out of the factory, it spends a goodly amount of time in a bundling rack ... a tool designed to help cigar makers and packers count and sort cigars. Like many other cigar tools, racks come in a variety of sizes and types to fit the function and working style of the operator. A goodly number of them are designed to fold compactly, easy to move from place to place, because cigar rollers were often required to provide their own tools, and, in general, were restless young men, frequently moving from factory to factory, town to town, following the demand.