Today's tool is one that my father used in his machine shop when I was a teenager. In fact, the tool pictured here is the actual one that he used years ago: a set of expanding small hole gages made by Mitutoyo. Each gage has a fixed hole size range that it can expand into and provide accurate measurements. The small hole gage does not directly show the measurement; a micrometer or other measuring tool must be used in conjunction with the small hole gage to get an actual measurement.
Surprisingly, this very precise tool set is still available under the same part number from a number of sources. One of those is from Grainger for around $100. Other stores on the internet also sell this set for slightly more or less. If you drill small holes and need to precisely measure them, get a set of these gages to make your job easier.