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Ives-made seven inch sweep brace with obliquely patented chuck. 
 

Ives-designed brace
Other side
Head view
Chuck apart
Both handles were made from unidentified hardwood:
The steel rule die left very fine marks reading: Pat. Nov. 1st,1859 Extended.
All the rest is completely illegible.
Wrist handle
Manufacturer's mark
William A. Ives had been in the throes of an interference action with James Swan over the design of dies for making auger bit in the early 1870's, and this may have influenced his choice for the markings on the present brace.
B&D-92
Not for Sale
  

The manufacturer's marks claim that the brace was patented Nov. 1st, 1859, but there was no patent resembling this brace granted on Nov.1, 1859 except that by Nelson Spofford. The brace actually follows a combination of the two patents by William A. Ives, No.'s 195,373 and 202,548, shown below. Figure 2 of 195,373, and Figures 4, 6 & 7 of 202,548 are the key features.
  

Spofford's patent bears no resemblance to the Ives patents, but by acquiring the rights to the reissued Spofford patent, Ives could use the patent date as cover for the design of this brace until the two patents below were confirmed.
U.S. Patent No. 195,373
U.S. Patent No.202,548
Header of U.S. Patent No. 25,984 as reissued  May 7,1878:
U.S. patent No. RE0008215