This piece is interesting for a number of reasons...
Firstly, I think it's a 'home-made' piece, made for a specific purpose.
I looks to have been made combining a number of parts from other objects of the period
.
The top portion looks like it came from bathroom towel rack, curtain rod or possibly a brass bed rail, incorporating an oil lamp or candle stand for the base.
The wooden base support definitely looks to have been made in craftsman workshop specifically to go with this piece.
The Victorians & Edwardians were very ingenious folks who invented pieces to fit a specific need at the time.
I know this doesn't answer your question as to 'what it's original function was', only your grandmother might know the answer.
What comes into my mind is a decoration piece for a club or regular table.
So they would meet once or twice a month in a pub and from the thing penchants of smalll flags were hanging. "South west Ohio cyclist enthusiasts" or "Old boys of XYZ college".
I'm going first with Dave re the construction and then ARC on the usage! This was masterful repurposing at it's best. Must have been one nice
brass bed. This could be "Tramp Art". Things made by itinerants during the depression in the 1930s. They often used trash or salvaged
items to create their works of art.
This is a cool looking piece. Does the bar screw up or down? It almost looks as if the horizontal bar is a handle for whatever reason. Again, just speculation on my part.
I get the impression that those pieces are something from a lodge, I once helped clean out an old OddFellows lodge and we found some strange and unidentifiable stuff in there.
Ok... after revisting this ... I got the same impression I originally got... the first impression was something "tobacco" related... I thought it may be a hookah mouthpiece rest and did a couple of searches and came up empty...
So I tried the same sorta searches along those lines and still nothing... BUT... for some weird reason I have a strong suspicion this MAY be tobacco related..,
It may have sat in large astray and cigar smokers would use that point to "open" / "widen" hole in mouth end... and bars were used to knock off ash.