It is a whimsical egg seperator. Looks like a mug but ist "snot a mug" its an eggseparator.
Tilt the mug, yellow stays in the mug and white drips out the nose. Really ute and a conversation piece. (via Lois)

I guess having a gross big nose guy snot out your eye whites is easier than just separating the egg yourself... maybe. Please at least hide him while you're not using it.

A great house warming gift for your favorite friends. Peter Petrie easily separates eggs and prevents the yolk from spilling out of his nose! (via catalogfavorites.com)

Now this guy reminds me of that kid in elementary school who never mastered the art of blowing his nose. I would rather eat this egg yolk than his snot though. But that is just me.

It makes me giggle...and giggling while cooking is never a bad thing.