With a starting bid of $99.99, this is a good condition example of American Handcuff Company's lightweight aluminum hinged handcuffs which are the most ergonomically designed hinged handcuffs ever made.
Note the simple but strong and effective hinge design.
Above A-550 model number
Below, the cursive American Handcuff Company makers mark. Note also the contrasting color domed rivets and the ditched jaw.
Below, a view of the steel internal lock mechanism.
This rare Maltby Nipper sold for $85. I don't know much about nippers, but this is a very nice example of one. Given that the Maltby Handcuffs have a trigger mechanism, I would bet that the plate in the center of the nipper cuff is a pressure plate which extends inward when the cuff is open and triggers the jaws closed when pressed down. In fact the large triangular lock body likely contains the Maltby spring mechanism.
This is used as a handcuff on a single hand, if that's not apparent. The leveraged handle would make it easy to pull someone around or break their wrist.
Above, makers mark of the Mattatuck MFG Co. Waterbury, Conn. USA the makers of the Mattatuck and the Maltby Handcuffs and rare leg irons.
This inset appears to be brass.
Above, a Maltby with key which sold for $370 after 5 bids.
Below, a recent Mattatuck which was listed at $60 or best offer. The Mattatuck handcuffs are more common than the Maltby, especially a functioning Maltby. Mattatuck leg irons, while rare, do exist. I don't know if Maltby leg irons exist.
Mattatuck is a lot like towers in shape and design but the keyway and lock mechanism is different. The chain is similar. 
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