Campagnolo C-Record Hub Dust Cover Puller Tool: 1170004 / UT-HU040 (MINT)
This tool was made specifically for removing dust caps on C-Record low flange & high flange Sherrif Star hubs. It is a versatile tool, and may be used to pull many other hub dust caps. The sides are flexible enough to move a bit to grip different sized caps. These are quite hard to find.
This appears to be either NOS with a bit of dirt from sitting around the shop, or has been used once or twice. No real wear.