Ok, I just couldn't stand the cracked ferrule. Mixed a tiny bit of black epoxy colorant and an even smaller bit of red with some Devcon 2 Ton epoxy. Made an ok repair. Took 2 applications to build it up to the proper depth. Sanded it down, polished it up by hand. I wouldn't do this on a thousand dollar piece, or something with a lot of historical significance, but it works for me on this piece.
Steve