late Qing dynasty pipe

Its worth $20.01. You can not trust anything you buy on ebay from china. they make TONS of  fakes and you can buy them all day long there. It is interesting but not old. also try here for advice: http://www.asianart.com/phpforum/index.php

Not old. The authentic ones aren't even worth all that much, we cannot say this is authentic if it was from China for 1 cent. Most authentics were very late 1800s all the way to the 1930s, where most are from. Google "paktong pipes", those are the authentic ones. This, you'll never know, but I wouldn't buy things like this from eBay.