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Please could you tell a little bit more - aren't there any other mark's on the stem? Where is placed this mark in question - on the backside, near the finial of the stem (or handle), like a monogram?
Maybe it is a »souvenir« from a beach holiday - somebody have sale to you - and the here shown mark is a property sign from a restaurant or hotel?
This mark’s Graphic Style didn’t look to me as a maker's or retailer's mark.
If possible spend some more words and photo. Thank you in advance!