What you have is called a boarding rack. Has crude holsters made and rivieted to it on each side. Notice the handle cut into the top. Sailors typically did not carry pistols on board ship during their everyday duties. However, when called to stations, the boarding rack allowed a man to run through a specific area of the ship and distribute pistols. You will see down on hte bottom of the rack, it will be stamped as being made at the Naval Yard in PA. I'd have to look at mine. Don't remember for sure, but I think it is dated also. They're not extremely valuable, but are indeed interesting. Navy boards sell for about $100-125 usually. Don't see a lot of them. But, they do show pu from time to time at bigger shows.