eBay: UNIQUE WALKING CANE CARVED HANDS w REAL TELESCOPE 1920 (item 320020854012 end time Sep-03-06 14:06:30 PDT)
Since this is an eBay item that will soon become history I am moving the interesting parts (to me) here.

From the sale:
SPECIFICATIONS:
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COUNTRY OF ORIGIN: Europe.
DATE: Around 1920.
MARKS: The two lower collars are inscribed “Double†which means they are gilded.
MATERIAL: Handle: Mahogany wood; Collar: Bronze; Shaft: Wood and two gilt copper collars; Ferule: Brass & iron; Telescope: Brass, glass and small metal parts.
MANUFACTURING TECHNIQUE: Very fine hand carving. Casting & chase work.
CONDITION: Very good ORIGINAL as found condition with few small nicks to the shaft. The WORKING telescope shows a dent and extension tube is somewhat stiff. NO RESTORATION! Please wait for all pictures to load as they illustrate the condition very accurately. For more information about our condition reports, please see our terms of business, as stated in the grey section of this listing.
SIZE: Total length is 36.2 inches. Size of the handle is 3.6 inches x 2.1 inches. The telescope is 4 inches long when closed and 5.3 inches long when the extension tube is pulled out to full length. (stock 40sz)
SHIPPING: Shipping cost within Europe (All 25 European Union countries, Israel and Switzerland) is US $ 38.50. Shipping cost to the USA and Canada is US $ 48.50 including professional packing (US / Canada customs and duties not included). Shipping cost to Asia, Australia, and New Zealand is US $ 58.50 including professional packing (customs and duties not included). Shipment cost to all other countries upon request. Insurance is required – please read our shipping terms stated in the grey section of this listing.