The know on top turns the 2 blades on the inside
Its called a candle shaver. Its used to taper the end of a candle so it will fit into various sizes of candle holders.
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Could it be a candle-sharpener?Does it smell or feel at all waxy?
That's kind of like what I was thinking... a combo tool to snuff out candles and the cutter to trim them. ?Probably should take it to an antiques store to have it looked at (I couldn't find anything related online).