Is there anything special about the single wand in the window of Ollivander's shop?

Question

The last shop was narrow and shabby. Peeling gold letters over the door read Ollivanders: Makers of Fine Wands since 382 B.C. A single wand lay on a faded purple cushion in the dusty window.

_{Harry Potter and the Philosopher's Stone, Chapter Five - Diagon Alley}

Ollivander is well-known and highly respected within the magical community, and the sign above the door seems sufficient to attract Muggle parents to the shop to buy a wand.

Is there anything remarkable about the wand or is it just rather lackluster window dressing?

Answer 1

From the description, the wand appears to be a display model advertising the contents of the shop.

Per the set-detail photo below (from Harry Potter and the Philosopher's Stone) there is actually a second wand, similar in length and size sitting on a second identical cushion as well as four wands arranged on wand display racks in each window.

The implication from both the book and the film is that these are merely a selection of hand-crafted 'Fine Wands'

Answer 2

We don't know anything else about it. A more average story would have used the "Chekov's Gun" approach, and that wand would have some greater significance - it would have been Harry's, or one of his friends, or maybe even Draco's, or possibly even the Elder wand itself. There's also a possibility that there was originally a story beyond that wand that was cut from the story during JK's editing process. As far as I know, it hasn't been mentioned in any of the supplementals.