Peter in NJ's Comments
It is the base for a combination sextant / compass. Held vertically with the handle at the bottom, a compass would be inside the circle at the octagon end and the sextant mounted above it.
Eskimo Pi t-shirt, white, 2X.
Eskimo Pi t-shirt, white, 2X.
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This may sound odd, but I think my family had one of these. It is a covered ash tray.
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Math Problems, 2X.