Crudely Carved Hilt - Seeking Information - Buta Nawasari?

[Mickey the Finn]

So that's what he's holding. Based primarily on photos of fine hilts taken from sub-optimal perspectives, I had become convinced that it was the amputated lower leg of a cloven-hoofed animal he was either using as a back scratcher, or holding poised to deliver a mighty overhand swing.
I've seen many a hilt which, to me, convey the impression that the carver had arrived at a deadline, and, ready or not, that hilt was now going up on the block as-is.
This particular hilt is actually quite a good model of how I might begin roughing out a Buta Nawasari myself.
I really can't help but wonder: why didn't he finish it, or, at least put some more time into it? His return would surely have been much greater. I can think of only one possible explanation, which presupposes that the hilt was not originally carved for the purpose of selling it.