Possibly A Unique Pipe From The 1800's

[Zeotech]

My friend bought this pipe and I couldn't find an exact match with image searches. I also saw that women's pipes in the 1800's (which is when all the look-a-likes were made) have a flared almost trumpet look to the bowl part? Wondering if that's if that's true and if they are as rare as pictures of flared bowl pipes from the 1800's on Google or if anyone has any info on the maker (possibly Medico or Manduela) or the pipe itself and if it could be worth appraising it

 

[dtswebb]

With the circled M, it looks exactly like a Medico per pipephil.eu.