You are looking at a combination camera and multi-tools called “Le Coultre Compass” invented in 1936 by Noel Pemberton Billing (1881-1948), an English aviator, inventor and British Lord.
The phantom camera was used by spies and although I am not one I dream of owning such an art piece. But its rarity made a buyer pay 120,000 British pounds in 2001 just for the pleasure to look at it and play with its complex Swiss army style multi-knives system.
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