Hello and thank you in advance. A friend of mine picked this up while out scrapping one day. It came in a homemade box made out of old fiberboard. At first i thought variac, then I did some research and came up with variable resistor/rheostat. I feel like its some kind of transformer, but I haven't applied any power to it. I would like to find a way to use it if possible so any information would be appreciated.
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