1970 COMPASS-
WHITES SILVER EAGLE-
WHITES DFX, 4X6DD COIL, 6X8DD COIL, 950 COIL, 10X12SEF COIL-
GARRETT PRO POINTER AT, GARRETT AT PRO , MINELAB EXPLORER SE with 8.5x12.5 Cors coil
Lamp winders employ teeth/sprockets to engage wick.
Threaded may be a factor I've not noticed , but no threads needed for wick winding.
If knob /shaft was screwed into matching threads it could determine the depth that the pointed end blocked/restricted a venturi or orifice.
By no means am I stating this is what it is from,only noting how it may have been used.
It is a needle valve. It's a fuel needle from an old carb off a hit&miss engine, tractor. model T Zenith type carbuerator etc. The engine in my avatar has one. Tony