When I was training, I used something similar but MUCH larger.
I was pretty interested in making 'stuff' and used it on 1-1/2" stainless steel clock part. (Vic, the instructors hobby was clock making) I also got to make a 'load' of stainless 'rivets' from 1/8" welding rod whic wasn't much fun. ('conventional' tooling for that)
Almost sure instructor called it a shriving tool (or something very similar?) It was a 3/4" piece of tool steel mounted with one end down towards headstock at a shallow angle (15~20 degrees?) with 'back end' pointing out and up. (almost like a wood lathe tool rest?) Zero setting up as te edge would be 'on centre' somewhere along it's lengthno grinding just two sides polished a bit with oil-stone. Can't remember what sort of fixture held HSS in place but it wasn't a welded up 'homemade' part
This is the closest thing I've seen to the 'unknown' tool I used but tis set up has much steeper angles.
The only disadvantage was it needed quite a lot of clearance at front end and couldn't be used close to chuck
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