The End Appears To Be Rabbit Hair And The Handle Is Like A Marbled Bakelite Or Maybe Plastic?

It’s a powder puff wand for face powder. This is a very nice example! Also called a “patter wand”. The idea was popping/beating the powder on your face has a more finished look than using your hand.
#10 The expandable opening for a missing fabric purse.
It apparantly was valid till the 1st of April 1922.
That sort of Money was issued in lots of communities during the times of Hyperinflation in Germany till 1924-ish.