Looks like the top of something broken off - possibly another pen holder?
"The Stanhope lens was invented by Charles, 3rd Earl Stanhope (1753-1816). It was a rod-shaped hand viewer with two surfaces of unequal curvature, but later the design was adapted to incorporate a curved magnifying surface at one end, and a plane surface at the other. Lord Stanhope died many years before his invention was used in the manufacture of novelty souvenirs."
Jean in Poole
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