Vintage Wooden Handle Hand Tool / Pin Vise

Found this old wooden handle tool in a box of stuff. It looks like some kind of vintage hand drill or maybe a leather working tool, not 100% sure. The wood has a nice dark patina to it and the metal part at the top seems to be a chuck for holding bits. It's got some wear and tear from age but still feels solid in the hand. Cool little piece for someone who likes old school tools or wants a project to clean up.