yup, Papaw hit it, valve lappers.
you have two differant styles, one that you crank and the other you just go up & down with the lever
and they will both do the same movement.
still have an old green can with lapping compound in it.
there were so many styles, they would make a good collection/display.
you most likely saw the stick type with a suction cup on the bottom, you would stick it to the valve
and spin it back and forth between your palms.