It's that, or....A tapered torch holder for laying seige to the monster in the castle?
I dunno what it is, but it's assembled wrong.Here's another view.
I would bet you have it. Casting looks like an old style, which would predate paint rollers.It's one of those things I've seen many times and probably said flag pole holder as well. What about paint brush holder for a wooden extension pole?

With clamp for feather duster. "Christopher, put your toys away! Or, at least put them to use!"Male chastity cage![]()