Nock of a bow

Small, beige-colored object with a cylindrical shape, wider at the top and narrower at the bottom. The top is open, with a small lip around the edge. A short, raised band encircles the middle. A small hole is on the right side, near the bottom. Black Asian-style writing and a small red mark are on the bottom. The background is solid gray. The object is titled "Nock of a bow" and is by an unknown artist.