Ivory is used as a general term for any animal-bone product that's used in a manner similar to semi-precious gemstones. Usually it refers to elephant ivory but other examples include whale ivory, reindeer ivory, etc.
Personally I think ivory has no business being associated with Death. In fantasy game tradition it's almost always associated with Light or Life, similarly to "pearl." A good stone for Death would be a darker, banded stone like jasper, carnelian or onyx.