We really have to keep in mind that the most precious timbers can be more expensive and rarer than ivory or gold. In the good ol' days, the latter could be easily sourced if you had any decent amount of funds. Special wood like burl, especially with strong chatoyance, correct grain for carving, and possibly extra features needed to be searched for, cured for extended periods, and correctly selected by experienced artisans for the very task - it often wasn't at hand at the whim of the customer. If this hilt is antique, the selection of materials wasn't spurious...
I can't tell this wood from the pics. It seems to have rather large pores for any type of ebony. It might be one of the rarer hardwoods - tough to tell from pics!
Regards,
Kai
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