My first thought it must be intended for a handgun, but I suppose it could have been intended for a rifle. The notch is so small that it wouldn't work for a handgun unless enlarged. I couldn't find anything like it in an old Brownell's catalog. There are no obvious indications of how it would attach to either handgun or rifle. The sight is at least 60-70 years old, came out of a gunsmith's odds and ends.
Anyone know what we're looking at here?