Hi and thanks for nice pictures.
Because of the structure visible on the two pictures below I would tend to cow horn .... Nevertheless the lower part of the handle is not as distinct as the upper one, as you said.
The hole is relatively frequent in the case of the cow horn, but I donīt know the reason. I would say it was not done by insect. (maybe it has something with the sealing or maintaining of iron thorn or/and the handle ?)
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