Your dragon claw billiard is probably dyed as you suspect. Over a century ago, meerschaum artisans dyed some of their pipes using aniline in oxblood or Sudan brown. This is an old pipe. Look at the claw in the second picture and notice the mottled dark spots where some of the dye has rubbed off. There is coloration where there is a chip next to that claw, and it is quite dark. The even spread of the mottling suggests a quality meerschaum stummel. beerandbaccy is right about price: it is all relative. I think you got value for the price you paid. I would not buy that pipe today at that price mostly because I am not seeking to expand my collection. Ten years ago, assuming I had the money, yes, definitely. This is capitalism, a seller and buyer agreeing on a price for an item.