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How about a two layer, cast, drill index for number bits. The two pieces were cast individually and then welded? together. I'ts some kinda of ferrous metal as it's magnetic but what I don't know. I used it for my coffee cup when I had a desk job.
Ooooh. I'd like to see that up close one day. Is it held in the toolpost & traversed along the work? Does it hold stones as in part of the tool set or is it more of a lapping principle with compound & soft metal substrate?
I made some drawings & crude testers of clamp style (were they called Dalapena?). Tom made a nicer version.
I don't know how it is supposed to be used - I just know how I use it. I don't hold it in the toolpost. I just traverse it along the work by hand and adjust by turning the black lever as I go.