Just chop off a couple dollar's worth of ebonite, fiddle with it for a few minutes, and voila! A pipe!
Hell, you might even decide you like doing it so much you'll get into repair work instead of designing spaceships, getting your ankles bitten by PMF reviewers, and having to deal with emotional Italian briar sellers. It's far simpler, much easier to do, hardly takes any tools at all, and the money is insanely good. (Some of the biggest yachts in the world are owned by pipe repairmen.)
Anyway, here's an example. This pipe's owner wanted a shorter, wider, and flatter stem for comfort---Pete stems tend to be long, narrow, and round, and some people don't like the way they feel---and since the shank was long enough, the pipe could be converted entirely into a lovat. (This one wasn't stem-less, but I've bought similar stummels off the Net for under twenty bucks. The principle is the same.)
PS --- don't worry about the impressed "P"... you just get a stamp made and stab in on there. Nothin' to it.
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