This is a C1908 Advertising Heart Shape Needle or Pin Holder from the Ideal Cloak and Suit Company, Haverhill, MA. If you google Ideal Cloak Company a listing shows that this company was in business and listed in 1908 in Haverhill, Massachusetts. I believe the front and back is aluminum and the center part appears to be possibly wool felt. This is quite a unique item and measures 2-1/4 inches long and 2 inches wide.
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