Antique bone wand?

[WatchCollector56]

This was recently found while walking on the beach. It looks to be a metal tube filled with bone and covered with cloth. It looks very old. I was hoping if someone could tell me what this is? and if it has any value?

 

[creskol]

More details please..Thanks

 

[donkarlos]

Filled with bone??

 

[NOLA_Ken]

Are you sure it's bone? It looks to me like a parasol handle that's broken off and missing the bottom cap.