The system is meant to collect condensation away from the draft hole for a drier smoke. You might like this if you’ve ever experienced a gurgle while smoking your pipe, since the system would eliminate that.Check the Peterson Pipes site for a more detailed description. For me personally, the system is nice but it’s also an extra step. It was a great effort but marred by the fact that, at the time, they didn’t realize that K&P hadn’t hallmarked any pipes from 1938 through 1968! It has a metal wind cap over a rim cap as well as a shank cap and ferrule to hold the carved Cherry wood stem with a horn end, flexible hose portion and horn stem. It is an old timer that comes from that area of Europe. It is dirty and scratched but every kilometer of its journey can be seen in the bowl and shank of the pipe. Here are some photos that were included by the seller. The stem has a horn end and horn mouth piece with a flexible hose portion in the middle that is in quite good condition. There was a silver band on the shank that was oxidized but otherwise in good condition and bears a Sterling Silver stamp on the top side. I think it is an after market band but I do not see any cracks in the shank that would say it was a repair. The stem was lightly oxidized and had tooth chatter on both sides ahead of the P-lip. Next is an older Peterson and one of the briar pipes in the collection. It is hard to read the silver hallmarks on the ferrule but the shape speaks of it being older. Here is the second briar pipe – a Sasieni Four Dot with a gold (coloured?) band that is like a pile of nuggets. Not my favourite pipe but look at the sandblast on the bowl and the condition of the stem. This one is a bent billiard with a rectangular shank, band and saddle stem. I will know more once I have it in hand to clean and restore. Fourth issue 2011-, burgundy sandblast finish, nickel army mount, fishtail mouthpiece, exclusive to smokingpipes.com. Laxey Pipe Ltd. marketed own brands like “Manxpipe”, “Manxman”, “Manxland” e.c. Names like “John Bull”, “White Knight” (unwaxed), “Domino” (black, or lined) indicated some shapes / colours of Laxey’s own series. The stems either showed the astronomical sign for “male” or “man” (circle + arrow), or the crest of the Isle of Man, the 3-legged X in a circle. Manxpipes and Laxey’s other brands were available through pipe retailers in general, but also were sold (mainly) to tourists through their own shop in Laxey. The next pipe I have chosen is smooth finished Peterson’s “Sterling Silver” pipe.