All wood stopper with hole in shaft. 4" long

This came along with a lot of hand forged tools I bought a couple of weeks ago. It is made from some lightweight wood & is very possibly hand carved. It is 4" long top to bottom, 1 1/2" across the top & 2 5/8" from just below the ridge under the handle to the bottom of the shaft. There is a very tiny hole in the shaft 5/8" from the bottom.



Thanks for any & all advice or opinions!!!

BTW If you can't help with this one I am having a very needy Monday & hav multiple items up for ID help.

 

Looks like a tuning peg for a musical instrument. The size though...

 

It could well be a tuning peg for an upright bass.
https://www.stewmac.com/Hardware_an...Nq6TI_6DUpgr_tUmd6B_Udnh7-j5d5Z8aAvrOEALw_wcB

 

Do they have all wood hand carved ones?

 

https://www.ebay.com/itm/Tuning-Peg...D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

A nice variety of old wood pegs. Some look quite like yours.

 

From what I could see these all had an indentation on both sides where mine is totally flat on both sides.

 

I see a number of flat ones from a quick glance, but they were just a reference to show old wood pegs. They are all from violins/violas, which yours is obviously not from. It's just a peg for adjusting tension on something, be it a musical instrument or some other item. Nothing special or valuable.

 

Thanks for your comments & this will be passed onto someone else to keep & use or whatever. One more thing out of my house.