You are the first person that properly explained the origin of the palmer signiture series "Wavey" cue. I never did understand the clear bit approach. All the ones I have seen had some persons name in there and the current owner had no idea as to whom that was.
They do sell for more than $3K. I have seen it done. Value is all about the inlay materials. I believe that it is about the alibaster (sp) pearl and silver inlay work that is rare. Some shafts do have real ivory ferrules (another spell check) and those are valued like early orange bar hood crests.
Dang Paul, do you have any other low miles Holly Grails parked at your house. My cues have "mother of toilet seat" inlays. They are just tools, yours are art.
Conda Green w/ envy. Shawn.
edited to add: "I'll Play ya for it!"