hello Ann- i have beads like this one.
i think they are Japanese but not Ojime -the core may be a fired ceramic bead, then covered with coloured lacquer layers that may be pressed into a mould, or carved, or both, and then the rather wide hole is strengthened with a metal "ferrule" so it can slide up and down without wearing away too much. yours looks like a black or dark green layer over red.
the design - shown upside down? may contribute to the value and slightly looks like its ocean waves with perhaps a dragon or a fish?
possibly up to 1930s? some interest and value because they were not mass-produced in large quantities, otherwise we would have seen more.
Thank you, Stefany! That makes perfect sense about the materials and construction, and I've been repremanding myself a little for automatically thinking "China" when it easily could have been Japan.
I could really only make out the wave pattern until you mentioned Japan, when I then recognized some of the claw-like wave tips we see in some Japanese art . . .
I now consider it my first "official" Japanese bead.
(And I apologise for mis-spelling your name earlier!)