This thing has a nice heft, and handy notches for inserting up to two axe blades. The only real downside is that it's made entirely of metal, so if you were to place, say, magical ice blades in it, the cold would be transmitted right to your hand, and you wouldn't be able to hold it.
Steel Axe Handle price in Growtopia: sells for about 8 WL (median of 6 offers from community Discords, past 30 days). Live price chart and the latest buy and sell offers.
Recently sold at: BUYICECUBES