Yes, it is a blow-up doll, for men to relieve their sexual urges in.
Possibly because they have a palm cramp.
If you were asking about the terms used in the description :
weird auction wrote:
This dutch is a wasp waist and best form breast!
The style is preeminent! New Bode Air Dutch!
wasp waist - refers to the size of a woman's waist, comparing it to the thin connection between a wasp's abdomen and thorax. See also "hourglass fiugure".
best-form breasts - a rating for false breasts. kind of like giving a movie two thumbs up, or a restaraunt 5 stars. The "most lifelike" available.
preeminent - according to dictionary.com "Superior to or notable above all others; outstanding." is the official meaning.
New Bode Air - no clue, probably something to do with the company that makes the blow-up.
Dutch - short for "Duch Wife" ... slang for .. inflatable doll, Don't ask me why, the Dutch didn't invent them.
....have I mentioned I spend a lot of time on the internet just searching .. stuff? Yeah. I'm an Encyclopedia of Eccentricity.