First, throw away the sandpaper and abrasive pad. Don't let anybody that knows cues see that or they will believe the cue has been abused and it will diminish the value.
I have studied Snooker cues an know some.
Phoenix cues are still available, so I am not sure why you aren't finding anything.
Their most expensive cues don't cost $1200. Their top cues are around $500 (hand spliced). Their lower end cues sell for around $150 (machine spliced).
This cue does not have a medallion but has a screen printed logo, indicating it is likely one of their lower end cues.
They are a respected maker, it is a good cue. Usually used prices are half of new I would think, unless something is particularly collectible.
You can perhaps contact Craftsman Cues and they might give you more specific information on this cue.
Snooker cues are typically ash and are not pruduced on lathed but are made traditionally by hand planing.
You can find many in maple that were turned on lathes but they are not considered "proper" snooker cues.