There have been many people over the years who have used this method for a cues pin. I don't know who was making cues this way first but, I think it was first done in Europe, in fact many European Cue Makers are still using this method today. Now I am not talking about wood screw joints used in 3-Cushion cues, I am talking about metal pins. I think Brunswick was one of the first companies making two piece cues with a metal pin in the shaft, I suspect that they started using this method around the turn of the century. In the 1920's both Herman Rambow and Harvey Martin were building cues with a metal pin in the shaft, however, both went to a pin in the cues butt around 1940. The only company I know of still building cue like this in the USA until the 1960's was Saunier Wilhem.
In the Mid-1960's Eddie Laube Patented a Brass to Brass joint which also used the Pin in the shaft construction, Eddie sold the rights to his patent and his equipment to Frank Stellman in approximately 1973 and Frank started building cues using the Name Sailor for his cues.
Also in the 1960's Burton Spain started using the Pin in the shaft method of cue construction. Now Burton used almost every configuration while he was building cues but, he preferred and mainly used this method. Burton sold his company and equipment to Joel Hercek in the early 1990's due to Burtons health problems that took his life. I am uncertain is Joel still builds cues with the Pin in the shaft, all of his cues I have seen had the Pin in the cues butt.
I have also seen a number cues over the years that had a Pin in the shaft, some were old (Before 1960) and some were more recent (After 1960) that were never identified as to who made them. When dealing with cues like this you have to evaluate them according to the quality of the construction and the materials used. While I agree that most cues like this found are junk, each still must be looked at closely you never know you may still find a diamond in the rough.
JIMO