Hello and welcome,
I am not an expert on early catchers, but owned a few. This looks like it was once a clown catcher, as the wire is still present below the catching part that would have supported the clown. I also wonder if the coin cup is a later modification, maybe if original got broke. Hinges may have been replaced as well for larger type, you can see the position of the originals.
Are there any stamps on the sides of the machine as it maybe by Pessers Moody Wraith and Gurr and been changed for Swedish market as paperwork looks old. Very early machines, around 1910 onwards...also not have the token chute, which some seem to lack. Cannot workout what is at the bottom of the play field above the pay cup, looks like some kind of dial
I am sure someone will guide further
Bajazzo Clown wall machines