This is a spinner rack.
When newsagents sold comic books, they displayed them on racks such as these.
Apart from Phantom comics, Australian newsagents no longer stock comic books.
Given that their use no longer exists, items such as this have disappeared.
A local newsagency was willing to part with their disused spinner rack, which was sitting in storage for a most reasonable price.
Now, what to fill it with…
mgpcpastor's blog 