Minelab X Terra 705, Bounty Hunter Pro 505, Garrett Pro pointer, Pro swing 45, TDK WR 700 wireless headphones, leschee digger, green canvas mil surplus messenger bag as finds bag and brown bomb#2 to
I used to use something similar to mark off a line to measure outside. You'd loop the twine, wire, etc. from one loop to the other, but yours looks a mite fancy. Unless it belonged to the King.
I like this idea, but it looks older than the age of garden hoses -- Victorian or Edwardian in style. It could be meant to look aged, of course, and not be. I think if it was a tether anchor of any sort, it would have a longer and less easily removed blade. Also... no reason for 2 loops unless for 2 animals (which makes the short and insubstantial blade even more problematic). I'm guessing that whatever it is, this was more an ornamental than practical tool.