There's a new seller on the Bay called Jonesinforprops who is selling one right now with the title: "Indy Torch" Well of Souls Raiders of the Lost Ark Indiana Jones. (Not sure if linking to auctions is allowed here, but you can do the search yourself.) Looks like it's going for about $150 shipped. He mentions that it takes him about 10 days to build, but he will build it to your exact specifications (i.e. size, shape, binding, distressing, etc.).
I actually just bought one of his "Toht Hangers" recently and I'm pretty pleased (shipped quickly), so I would feel comfortable recommending him as a good seller.
I don't personally own one of these torches, but they look pretty cool. (Especially if you mount it with the "optional" (read, extra cost) sconce mount that he shows in the pictures.)