Asian style.... something. what is it?

Hello.
My mother passed away recently and I found this while going through her things; carefully packed away but with no documentation, or anything to tell me why she was keeping it. Perhaps just sentimental value, but it is clearly not a tea pot because it has a hole in the bottom. So I joined this forum to ask these questions:

What is it?

Is it valuable or is it just a souvenir she was keeping?

Thank you for your attention. I am hoping this forum is the right place.

 

Hola, and welcome, Beowulf... loved your namesake!
Sympathies for your loss. This is a friendly place. I'm sure a pottery brainiac will be along to help you.
Gila

 

Water dropper in celedon green would be my guess. Part of a Chinese caligraphy kit.

 

It's a water dropper.

Chinese Unique and Odd Collectible Reversing Celadon Dragon & Phoenix Pot/ Water Dropper Pot/Teapot
Via Etsy by MyYourTreasure
"It is a odd and unique pot, has hole in bottom to put water in the pot and you have to reverse pot quickly to trap the air inside..There is a paper of directions in bottom of the pot hole. It has beautiful jade color crazing glaze on it....In good condition no chips or nicks.Pout has Phoenix face while handle is a dragon sitting holding top.
Measures 5 1/2 X 5 inches"

Uniqu Chinese Celadon Dragon & Phoenix Calligraphy Water Dropper Pot

CHINESE CELADON DRAGON & PHOENIX POT WATER DROPPER MINT

Google Image search: dragon phoenix chinese teapot water dropper

 

Thank you to everyone who replied. Asian items were never my mom's thing, this must have been a gift she did not have time to give. I am an attempting calligrapher, but in western style.. Still, I will put it on my desk to remember her. Thanks again

 

Welcome, and condolences for your loss.