In ways, yes, perhaps especially in the decorative(?) effect, but note how it was formed; by being curled up from a flat piece; it looks to me like I can see that not only the hollow part that grabs the sheath, but the long spike, also, was formed this way. This is the way some kayan spikes I've seen are formed. The African spear "ferules" (the old/traditional Euro. collector/anthropologist term for them) I've seen, in contrast, were forged from a rod, whose end was flattened and then curled to form the socket.
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