Is it a potentiometer?
Not sure what the coil represents as a probe.
This circuit is sensitive to low frequency electromagnetic radiation and will detect for example hidden wiring or the field that encompasses a transformer. Pickup is by a radial type inductor, used as a probe which responds well to low frequency changing magnetic and electric fields. Ordinary headphones are used to for detection. The field that surrounds a transformer is heard as a 50 or 60Hz buzz.
its a flux capacitance electrofield amplifier/modulator. everyone knows this.
A flux capacitor?
