I was thinking more on the line of a victorian pendant or paper clip, as hand motifs were quite popular items at the time. Below is a piece vulcanite jewellery with the hand motif, plus the other pic is of a brass hand motif paper clip. As mentioned, may possibly be a money clip, cigarette paper holder, or letter holder.
Would go with goldpick as I've seen them before in Victorian costume jewellery symbolising love and friendship circa 1880's, don't know about a money clip but think its just a pin type device. Nice find.