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@Andrew
Dude, I saw this on eBay, it was me offering the tenner plus postage!
I have seen something like this before, I have a Redline Monocog 29er. It is SS at the back, with a hub like this; splines for Shimano, but threaded too. I took it to the LBS recently when the lock ring slipped off - I don;t have a tool to tighten it. They were flummoxed, had never seen anything like it before. So it is a bit of a rarity. Mine is fine for now, but taking the lockring off will probably finish the threads, so I was thinking of getting yours just in case - hence the low ball offer. I notice you took the diplomatic option and ignored it.
Still stands should you still want rid....