I've seen #147 at rural auctions numerous times, and it has always been described as a tool to use on heavy chains to "un-kink" or straighten stubborn chain links. The two pointy finger-like extensions are supposedly placed over the holes in the adjacent kinked chain links and the tool's flat surface (the base the tool is standing on in your photo) is hit with a hammer, the blow forcing the links to straighten. Never used one or saw one in action, but enough auctioneers have described the item's use as above, that I tend to believe them.
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19 years ago